Cedar Lodge Motel, Rotorua
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Contact Agent(s)
Property Name: Arista of Rotorua
Address: 296 Fenton Street, Rotorua
Property Type: Motel
Sale Type: Business
Price:
Region: Bay of Plenty
SEEING IS BELIEVING - AN OUTSTANDING OPPORTUNITY THAT WILL NOT LAST
Features
Cedar Lodge Motel is a modern style, brick and tile property that has a cobblestoned driveway with designated parking outside the units. Aluminium joinery ensures this motel is very low maintenance.
All one level, all the units have cook-tops, spa baths in the patios with unlimited hot water. There is room to park a boat, excellent storage and a garage.
Situated on a corner site ensures excellent exposure.
Number of Rooms
15 units.
Age
Approx 20 years.
Configuration
There are 6 large studio units and 9 x one/two bedroom units. The sleeping areas in these units are split via a mezzanine floor. All units have spa baths and cook-tops and thermal heating.
Owner's Accommodation
A very spacious 3 x bedroom home with a large kitchen. The open plan dining/lounge area leads onto a grass/cobblestone courtyard. The spacious office is accessible via the living area.
Lease Details
24 years remaining as at July 2010.
Financials
Financial information will be supplied after discussion with the broker.
Contact
For further information about this opportunity please contact Ray Hart on 021 33 54 88 or email ray@resortbrokers.co.nz
Downloads
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Confidentiality Agreement Cedar.pdf (144.84 KB) |
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Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.