Freehold Motel Passive Investment in Rotorua

. Fenton Street, GLENHOLME BAY OF PLENTY 3010
Price on Application
For Sale
Other
2024.0 m2

Description

Invest in one of New Zealand's hottest tourism hot spots, Rotorua.

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.

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
Enquire today to own this passive Freehold Investment Motel business in Rotorua.

Contact Eden on 021 183 7271

Location