The Regal Geyserland Hotel is For Sale as a FHGC. Alternatively to purchase a brand new Lease
Regal Geyserland Hotel 424 Fenton Street
$5,800,000 Plus GST (if any)
About the business
The Regal Geyserland Hotel is a unique property, overlooking the world famous Whakarewarewa Thermal Valley. The restaurant and majority of the rooms have a elevated view of the Pohutu Geyser.
The Geyserland Hotel is a 68 room complex and the owners have adopted a continued investment programme over the last 7 years, including the reception, lobby and restaurant. The buildings have been constructed in three stages- the earliest dating back to around 42 years ago with additions in the early to late 1970.
The Regal Geyserland Hotel comprises of the following features:-
59 x Studio Rooms with Queen beds with en suites facilities.
9 x Family Rooms.
Fully Licensed Restaurant and Bar.
Four Conferencing/meeting rooms with full technical facilities for 5 - 150 people.
Swimming Pool.
Spot PoolsSpas and saunas.
Gymnasium.
Traditional Maori concert party and Hangi facilities.
The Regal Geyserland complex is on a 5200m2 section over 4 titles and is for sale as a Freehold Going Concern to include all chattels.
There is an option to buy a brand new lease for $700k lease.
Location
- Businesses for Sale
- 1 Car Spaces
- Hotels Motels Lodges B&B
Listing Number THL11-1071
Listed 28 Nov 2011 138 ViewsAgents Details
Tom Duncan
- M 021 125 9350
- D 07 552 5811
- W 09 523 3536
- View My Profile
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