Total of 18659 firms and businesses for sale today Monday 6th May 2024
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Business For Sale. Thermal Motel Freehold And Business Rotorua

LISTING DETAILS
Firms For Sale ID:
31322
Vendor reference:
14656
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,850,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Rob Roy Motel is located on the motel strip near the CBD of the tourist mecca of Rotorua. The magic of being in Fenton Street, has always been an ideal location for that walk in traffic.

The Motel Complex has 17 large units consisting of 4 x studio twin units,
4 x standard studio units, 5 x one bedroom units, 3 x two bedroom units and a recently purchased 3 bedroom, 3 bathroom town house, ideal for catering those small to large groups.

This property also comes with 5 private thermal pools, and thermal heating throughout the complex from its own bore, along with plenty of off street parking, Motel commercial laundry, and heaps of storage.

The roomy owners accommodation has 4 upstairs Bedrooms, 2 bathrooms large lounge and dining room, internal office with Internet facilities.

The current motel facility has the opportunity to be used as it is or could be converted into other types of accommodation. The total site area of around 2024m2, on three titles has to be a major plus for future re-development with the owning of the freehold ownership.

The owners have been operated the complex since 2004 and have decided that it is time to retire.

Price is plus GST if any.