Hotel Motel Leisure for Sale

Glenholme 

Price Upon ApplicationPlay Video
  • Building: 710m²
  • Land: 2,022m² (0.5 acres)

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Hotel Motel Leisure for Sale in Glenholme

Motel & Guest House FHGC in Top Location For Sale

  • Building: 710m²
  • Land: 2,022m² (0.5 acres)

This recently upgraded motel and guest house in top location is very popular amongst domestic and overseas tourists visiting Rotorua, a destination world famous for its geysers and geothermal activities.
It consists of a total of 17 units of various configurations, ranging from luxury ensuite rooms, fully self-contained studios, 2 bedrooms self-contained family unit to 2 bedrooms self-contained apartments with outdoor courtyard. The properties are under 2 freehold titles.

The motel and guest house are very well managed and enjoys high occupancy rates. It has a constant flow of domestic and overseas visitors, providing a very stable income and high double digit return for the business. A highly profitable business not to be missed.
It is well located in sought after Fenton St, close to the town centre, Whakarewarewa Village and various tourist attraction places.
For sale is the entire land and building and business (Freehold going concern). There is also an option to purchase the motel and guest house business only (without the land and building) or Motel and business only.

The accommodation business in Rotorua is a growing and lucrative business and in high demand. The NZ tourism industry will continue to grow, and Rotorua being one of the top and must visit destination by international tourists, will continue to experience strong demand for accommodation. Don't miss out on this excellent buying opportunity. Ring Karen now on 09-3919962 or 021-996280 or via WeChat ID: karensmleong for more information and viewing.

Property ID:

ABY25849

Building:

710m²

Land:

2,022m² / 0.5 acres

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