Property main details

Business For Sale

  • Sold For $630,000
  • Accommodation/Tourism

Specifications

  • Property Type
    Accommodation/Tourism

Rotorua Motel - Cash Cow On Thermal

Which keyword is frequently used by people who is looking for an accommodation in Rotorua?

You might already realize why this motel's name itself could save up large amount of online marketing cost, as if the name is: Rotorua Motel.

Escape to Rotorua and be your own boss of this superb business!

This centrally located motel business is well-established by the current owner with a superb 90%-95% annual occupancy rate plus a guest review score of 9.1/10 on Booking.com.

It has almost all the positive and attractive factors that motels in Rotorua could ever dream of having for tourists from around the world to stay again and again: geothermal resources, new in-room facilities with fresh decor, a heated swimming pool with Jacuzzi Spa, and in a great location with easy access to downtown Rotorua.

This business itself is very profitable with a very long-term lease plus plenty of potential for the future. Current owner decide to move on due to the health issue. So now it's your turn to seize this superb opportunity before others do the same!

Top 10 highlight features:
(1) 15 thoroughly renovated guest rooms with all new decor, kitchen, bathroom, carpet, bedding and furniture
(2) Annual yield rate: 25%
(3) Annual rent: $130,000
(4) Lease remaining: 28 years
(5) Annual occupancy rate: 90%+
(6) Geo-thermal heated swimming pool with 2 Jacuzzis on-site
(7) A new 20 years Geo-thermal resource consent permitted by BOP Regional Council and a separate resource consent for reinstatement of geothermal water supply for 2 x natural mineral water Spa pool
(8) A superb business recognition and brand reputation: Booking.com review score: 9.0+
(9) Great location, easy access to everywhere of downtown Rotorua
(10) Modern and spacious 3 bedroom owner accommodation

Sign and return the Confidentiality Form to access this motel's:
1. Last 2 years financial report
2. Business Lease agreement
3. On-site inspection arrangement

Contact Matthew Shi and Keira Chen TODAY!

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If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

19 Malfroy Road Rotorua, Rotorua District
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