Sold
1057 Arawa Street, Rotorua, Rotorua

1057 Arawa Street, Rotorua

1057 Arawa Street, Rotorua, Rotorua, Bay of Plenty
ANOTHER FREEHOLD GOING CONCERN SOLD

ANOTHER FREEHOLD GOING CONCERN SOLD

Freehold, city icon and profitable, this is one 4 1/2 star Boutique Hotel Freehold Going Concern Investment with 50 rooms you would be proud to have in your portfolio. It is filled of history, charm, intrigue and incredibly successful. Located in one of New Zealand's daily rising tourist mecas and only moments from the lakefront and the famous Government Gardens you cannot beat its situation. The property has its own thermal water bore with spas and swimming pools to enjoy the mineral waters amongst its stunning entertaining facilities. Mostly built of New Zealand's native Kauri wood dripping in luxury furnishings and chattels you can understand why the current family ownership haven't been able to let go of this Rotorua gem for nearly 30 years. The property has extensive entertaining areas with two charming Restaurants to choose from which can accommodate conferences very comfortably, separate bar which opens onto outdoor dining and a further outdoor Dining area wrapped around the pools, Meeting room, and a large comfortable Lounge with open fires to just relax and enjoy the wonder of yesteryear. With excellent bookings for next year with Rotorua's forthcoming ritual of events and increased Tourism activity with the Airport only ten minutes from Hotel this is one superbly located seamless operation ready for the next phase. Please call for information on this successful Freehold Going Concern for sale that is very rare in todays market....

ANOTHER FREEHOLD GOING CONCERN SOLD

Property Details

Property ID

NZE10475

Land

3473 sq m

Location

1057 Arawa Street, Rotorua, Rotorua, Bay of Plenty