Motel Accommodation/Tourism Business for Sale

337 Fenton Street Glenholme, Rotorua District 3010

$350,000Play Video

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Motel Accommodation/Tourism Business for Sale in Glenholme

Ashleigh Court, Affordable, Prime, Perfect

Don't miss out.
Constructed in 1994 Ashleigh Court is attractive and holds a prominent corner location on Fenton Street.
The 13 units are configured as:
5 one bedroom suites
3 twins studios
5 double studios
Owners' Accommodation:
Business owners enjoy a comfortable, sufficient family friendly home comprising of 4 bedrooms and 1.5 bathrooms (1 full bathroom + 1 toilet).
Ashleigh Court Motel is located 1.3 km from Rotorua town centre and is only 10 minutes' walk from Rotorua Golf Club. The Rotorua Airport is less than 15 minutes' drive away.
A fresh operator with drive will see the fruits of their labour here. Ashleigh Court is ideal for a new entrant to the tourism industry. The current owners have experienced good success in Rotorua increasing their occupancy rate from below average to 70% + with in their time at the Motel and feel it is time for something bigger.
Solid 25% return on investment with upside.
14.5 years remaining on lease, with lease renewal rights.
Rotorua motel operators are experiencing high occupancy rates which adds to a healthy bottom line profit.
Business is bustling in Rotorua, being central and with a vast array of activities for your guests to experience, they are truly spoiled for choice, give them service and they will return.
Call today, don't wait and miss this excellent opportunity.
Call The Ray White Hotels team, Conor McEvoy & Matthew Shi today for further information.

  • Family Room
  • Gas Hot Water
  • Gas Heating
  • Standard Kitchen
  • Open-Plan Dining
  • Separate Bathrooms
  • Ensuite
  • Combined Lounge/Dining
  • Reticulated Gas Stove
  • Joinery: Aluminium
  • Good Interior Condition
  • Double Garage
  • Concrete Tile Roof
  • Weatherboard Exterior
  • Brick Exterior
  • Good Exterior Condition
  • Spa Pool
  • Two Storey
  • Level Section Contour
  • Northerly and Southerly Aspects
  • City Sewage
  • Town Water
  • Street Frontage
  • Level With Road
  • Public Transport Nearby
  • Shops Nearby

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  • Blinds
  • Curtains
  • Dishwasher
  • Drapes
  • F/Floor Cover
  • Light Fittings
  • Rangehood
  • Stove
  • Wastemaster
  • Please See List Attached

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