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Pohutu Lodge Motel

$455,000

Business Bay of Plenty

ID: 1711

Pohutu Lodge Motel

Property Name:
Pohutu Lodge Motel
Address:
3 Meade Street, Rotorua
Property Type:
Motels
Sale Type:
Business
Price:
$455,000 
Region:
Bay of Plenty
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Conor McEvoy

Conor McEvoy

Broker | BOP, Paeroa & Waihi

M: +64 27 7325 867

conor[at]resortbrokers[dot]co[dot]nz

Reasons to buy

·         Lease in excess of 20 years

·         Large 3 bedroom owners home

·         Easily run business - ideal for first time moteliers

Conor McEvoy

Broker | BOP, Paeroa & Waihi

Contact Agents

Conor McEvoy

Mob: +64 27 7325 867

Email: conor[at]resortbrokers[dot]co[dot]nz

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Wayne Keene

Director | Taupo, Rotorua and South Auckland

Wayne Keene

Mob: +64 21 666 991

Phone: +64 9 369 9702

Email: wayne[at]resortbrokers[dot]co[dot]nz

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Pohutu Lodge is located at the southern end of Fenton Street in a unique location. The property backs onto a small reserve, which allows guests a private viewing of two of Rotorua’s most prized attractions.

The property consists of 11 large units being 2 x studio, 1 x very large family studio, 6 x two bedroom units and 2 x two bedroom apartments. This sort of configuration gives a lot of flexibility to work with any accommodation requirement.

The current business owner has spent considerable money replacing key items which will benefit the new owners. A full list can be provided upon request.

This is a great little earner and one that should be seriously considered.

Inspection is by appointment only.

Approximate Yield: 20% 

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.

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Conor McEvoy

Conor McEvoy

Broker | BOP, Paeroa & Waihi

M: +64 27 7325 867

conor[at]resortbrokers[dot]co[dot]nz

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