Victoria Lodge

Chance to purchase one of Rotorua's leading motels - this complex has recently been completely refurbished and consists of 9 superior studio units all with a spa pool and 4 spacious 2 bedroom apartments with full kitchen and spa baths. 3 bedroom owners accommodation incorporating the office, all on a 1214sqm corner site. Geothermal heating throughout. Excellent turnover and nett profit. Priced to sell at $1,670,000 (supported by valuation). Alternatively you can purchase a long lease for $400,000 with reasonable annual rental. Phone Brian for more details.