Rotorua Motel

$649,000RotoruaListing: #EL00556


Rotorua  


$649,000


Accommodation/Tourism
Refer to Broker


About this business for sale

Rotorua Motel

A Rotorua Accomodation Standout !

This 15 unit motel is a classy, boutique standout. Recently renovated and painted. No expense has been spared to get this retro, contemporary motel to this level presentation and comfort. 

Key Features

  • Eye catching street appeal with near impeccable presentation
  • Three distinctive levels of accommodation (a head for every pillow!)
  • A lengthy 28 year lease
  • Outdoor thermal heated swimming pool
  • In-room thermal central heating radiators throughout
  • All laundry outsourced (sheets, towels, pillow cases)
  • A short stroll to Rotorua’s CBD

The Rotorua Motel is two storey, head turning motel that is superbly located close to the townships, cafes, shops and restaurants. The motel has a strong point of difference in relation to the variety of accommodation levels offered to its selection of guests. It's because of this feature that this boutique motel punches well above its weight in terms of occupancy, tariffs and net profitability.

Room Configuration
All rooms are sizeable – in fact a number of the rooms are big enough to be called apartments. The rooms are well appointed and have an assortment of kitchen/cooking facilities. There are 15 rooms in total consisting of the following configuration:

  • 4 x Studio Units
  • 11 x Family Units

Accommodation levels offered to guests are:

  • Economy
  • Business Class
  • 1st Class

Owners Accommodation
The Rotorua Motel offers new owners a very good standard of personal accommodation. Set on two levels, this large family home has two bedrooms & en-suite, a large modern kitchen coupled with an open plan lounge/dinning area on the 1st floor. On the ground floor level is a sizeable fully self-contained apartment with kitchen, bathroom & dinning area. Both levels offer balconies and privacy. The reception is also accessible from the ground floor apartment.

Reference: EL00556

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.