19-unit motel freehold going concern in Rotorua

Quick facts

Business type

Established Business

Category

Accommodation & Tourism

Location

Rotorua, Bay of Plenty

Lease / premises

Freehold going concern; approx. 2,328m² land and 1,000m² floor area

Reason for sale

Other commitments

About this business

This central Rotorua opportunity combines a motel business with its freehold property. The approximately 2,328m² site has about 1,000m² of floor area, comprising 19 self-contained guest units ranging from studios to three-bedroom apartments, plus a separate two-bedroom manager’s residence. A geothermal bore provides heating and hot water. The advertisement mentions an upgrade due in August, but its completion has not been confirmed. The owner has held the property since 2015 and is selling because of other commitments. Buyers may operate the motel themselves or explore leasing the business after settlement. Price on application. The advertised sale method is negotiation. Revenue, earnings and staffing figures are withheld. Representative image; not the actual business premises.

Highlights

• 19 self-contained guest units
• Freehold property included
• Separate manager’s residence