Motel for Sale Rotorua

Description

Business type: motel accommodation business

Location: Rotorua, New Zealand

Current status: established operating business

Asking price: $429,000 plus GST if applicable

Location

Rotorua CBD: approximately 3 minutes away

Rotorua Central Mall: approximately 3 minutes away

Polynesian Spa: approximately 3 minutes away

Lake Rotorua: approximately 3 minutes away

Rotorua Racecourse: approximately 3 minutes away

Accommodation

Motel units: 14

• Studio units
• One-bedroom units
• Two-bedroom units

Unit size: stated as spacious

Private bathrooms: available in all units

Kitchen facilities: available in all units

Smart TVs: available in all units

Spa baths: available in all units

Owner accommodation

Owner residence: 3-bedroom flat

Owner accommodation: onsite

Operations

Owner-operator model: suitable

Professional management model: suitable

Customers and market

Primary market: Rotorua tourism and accommodation

Guest convenience: supported by proximity to key local attractions and amenities

Expansion options

• Increase occupancy
• Increase direct bookings
• Increase tourism-related marketing
• Optimise professional management
• Increase utilisation of existing accommodation capacity