Clicky

Previously Resort Brokers Limited
My Watchlist
09 309 6020

Geneva Motor Lodge

Freehold Investment Bay of Plenty

ID: 1861

Geneva Motor Lodge

Property Name:
Geneva Motor Lodge
Address:
299 Fenton St, Rotorua
Property Type:
Motels
Sale Type:
Freehold Investment
Price:
 
Region:
Bay of Plenty
Share
Print + Watchlist View Similar Listings
Enquire Now
Wayne Keene

Wayne Keene

National Director | Central Auckland

M: +64 21 666 991

wayne[dot]keene[at]bayleys[dot]co[dot]nz

Wayne Keene

National Director | Central Auckland

Contact Agent

Wayne Keene

Mob: +64 21 666 991

Email: wayne[dot]keene[at]bayleys[dot]co[dot]nz

Download vCard

On offer is this quality freehold investment on Rotorua’s Motel Mile.

Geneva Motor Lodge is a mid-size property on a corner site of 1,529sqm (more or less) and enjoys access from Fenton and Robertson Street.

Consisting of two separate buildings, one building is exclusively dedicated to the 14 generous sized units over various configurations and the other building is stand alone and consist of the reception and a large owner’s residence.

The tenant has the benefit of the remainder of the lease term through to 2038 (17 years). Rent reviews are two yearly and the tenant pays all out goings including internal redecoration and exterior paint.

Annual Rental is $140,000 plus GST

Detailed information is available with a signed confidentiality agreement and Inspection is by appointment only.

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.

Share
Print + Watchlist View Similar Listings
Enquire Now
Wayne Keene

Wayne Keene

National Director | Central Auckland

M: +64 21 666 991

wayne[dot]keene[at]bayleys[dot]co[dot]nz

Confidentiality

To access information about this listing please follow the link below and complete the Confidentiality Agreement Form.

Confidentiality Agreement Form

Due Diligence Room

Click below to login to the Due Diligence room for this property.

Login

Top