Freehold Motel Passive Investment in Rotorua
Description
Invest in one of New Zealand's hottest tourism hot spots, Rotorua.
Tourism in Rotorua is thriving with visitors staying a total of 1,764,600 nights in Rotorua during the year to Dec 2024, generating approximately $450 million of expenditure and contributing to the region's strong economic performance in the year ending.
This clean and cozy accommodation consists of 14 rooms ranging from studios to single, double and family rooms, located right in the heart of Rotorua.
The investment is secured by way of a long-term registered lease at a healthy rental which is in line with revenue and profitability for the operator.
Key Points:
Zoning: Commercial(8E)
Land: 2024 square metres
Building: 710 square metres
Landlord enjoys Net Rental as all outgoings paid by the tenant
Strong Lease with the dependable solid business operator
High profile Fenton Street location
Includes 3-bedroom management suite
Land and Buildings plus GST (if any)
Annual rent is $137500+gst
Enquire today to own this passive Freehold Investment Motel business in Rotorua.
Contact Andy on 027 315 1062 or Michael on 021 212 7256
Some details of the business for sale are confidential and can only be disclosed upon contacting the agent and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
• Strong Lease with the dependable solid business operator
• High profile Fenton Street location
• Includes 3-bedroom management suite
• Land and Buildings plus GST (if any)
• Annual rent is $137500+gst
Enquire today to own this passive Freehold Investment Motel business in Rotorua.
Contact Andy on 027 315 1062 or Michael on 021 212 7256
Some details of the business for sale are confidential and can only be disclosed upon contacting the agent and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.