- About this property
Rotorua Motel - Cash Cow on ThermalProperty ID ROT23086Escape to Rotorua and be your own boss of this superb business!
This business is well-established by the current owner with an incredible 90%-95% annual occupancy rate plus a guest review score of 9.0 on Booking.com.
It has almost all the positive and attractive factors that motels in Rotorua could ever dream of having for tourists from around the world to stay again and again: Geothermal resources, new in-room facilities with fresh decor, a heated swimming pool with Jacuzzi Spa, and in a great location with easy access to downtown Rotorua.
This business itself is very profitable with a very long-term lease plus plenty of potential for the future. Seize this superb opportunity before others do so.
Top 10 highlight features:
1. 15 thoroughly renovated guest rooms with all new decor, kitchen, bathroom, carpet, bedding and furniture.
2. Annual yield rate: 25%
3. Annual rent: $130,000
4. Lease remaining: 28 years
5. Annual occupancy rate: 90%-95%
6. Geo-thermal heated swimming pool with 2 Jacuzzis on-site.
7. A new 20 years Geo-thermal resource consent permitted by BOP Regional Council and a separate resource consent for reinstatement of geothermal water supply for existing on-site natural mineral water Spa pool.
8. A superb business recognition and brand reputation: Booking.com review score: 9.0
9. Great location, easy access to everywhere of downtown Rotorua.
10. Owner's accommodation features modern dcor, with 3 bedrooms, 2 bathrooms, an open-plan kitchen and spacious living area on the 2nd floor.
Sign and return the Confidentiality Form to access this motel's:
1. Latest financial report
2. Occupancy rate
3. Land Lease agreement
4. Business, building and land details
5. On-site inspection arrangement
Contact Matthew Shi and Keira Chen TODAY to begin your exciting journey in the accommodation industry in Rotorua, New Zealand.