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Motel for Sale Rotorua

Rotorua, ID 163408

Motel for Sale Rotorua 1
Motel for Sale Rotorua 1
Asking price:
NZD$349 000
Owner
Owner's representative

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Description

This centrally located motel offers a prime position in Rotorua, just minutes from the CBD, Rotorua Central Mall, Polynesian Spa, Lake Rotorua and the racecourse, attracting both tourist and business guests.Property Highlights* 8 spacious units with a mix of studio, two-bedroom, and one three-bedroom unit, catering to a variety of guest needs* Secure long lease with 23 years remaining, expiring in 2048, providing long-term stability* Reasonable rent and low overheads supporting consistent and healthy net profits* Separate two-bedroom owner’s flat for convenient on-site living* Strong investment potential in a thriving accommodation market and lifestyle benefitsThis is an excellent opportunity for first-time buyers or investors seeking a stable, profitable entry into Rotorua’s motel sector.

Details

Real Estate: Lease
Asking price: 349 000 nzd

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