Apex on Fenton

$595,000Bay of PlentyListing: #EL00526


Bay of Plenty  


$595,000


Accommodation/Tourism
Refer to Broker


About this business for sale

Apex on Fenton

Attention Seeker on Fenton 

The Apex Motel is a very eye catching, colonial style motel in the heart of the ‘motel mile’.

This visually appealing 14 unit motel would satisfy any buyer's desire to own a motel along with the fact that there are 28 years remaining on the lease.

Well positioned on Rotorua’s ‘motel mile’, anyone considering entering the exciting tourism industry must consider this very profitable business. Their clientele includes a very significant seniors market.

The 14 units have been recently refurbished and everything from chattels to grounds is presented in beautiful condition.

The motel consists of six 1 bedrooms and two 2 bedrooms all of which have private spa pools. There are also 6 studio units with wonderful chapel ceilings giving a sense of yesteryear.

The spacious 2 bedroom owner's home is warm and comfortable and has been tastefully decorated.

Do not delay on this opportunity.
Reference: EL00526

Auckland - Ellerslie
ray.hart@linkbusiness.co.nz
09 555 6023
021 335 488

Ray Hart

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.