Secure Investment of Freehold Motel in Rotorua $1,050,000 | ABC Business

Secure Investment of Freehold Motel in Rotorua $1,050,000

$1,050,000 - Bay Of Plenty

Industry: Accommodation / Motel

#30619

Business has been sold

For sale is the freehold land and building of a Motel in Rotorua.

This motel is centrally located on Fenton Street, close to Rotorua CBD, Rotorua central mall, the Polynesian Spa, Lake Rotorua and the racecourse.

The motel has 10 spacious units with a good mix of studio, family and two-bedroom units.

All units have an electric kettle, satellite TV and kitchenware, and 6 units have a spa bath.

A secure long lease with over 20 years is remain. There is 10 parking space available in front of the motel.

There is a separate three-bedroom flat for the motel owners’ accommodation.

Approximate Yield: 6.5%

All viewing by strict prior appointments only.

Location: Bay Of Plenty

Page views
7

Our brokers

Christine Chen

022 317 1359

Christine Chen

022 317 1359

Contact Christine

Avoid the pitfalls of selling a business

Our Brokers can help you every step of the way

Find out how
Play the video

Considering buying a business?
It's time to act.

We can help you craft an independent future.

Buy a Business
Play the video

Businesses for sale