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Lodge Real Estate (Hamilton) Ltd

Licensed: REAA 2008 Hamilton East

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HB Realty Ltd

Licensed: REAA 2008 Ray White, Stonefields

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Team MKH Ltd

Licensed: REAA 2008 Harcourts, Paremata

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Living Corporation Ltd

Licensed: REAA 2008 Mosgiel, Dunedin

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Midway Motel, Rotorua

$195,000 Plus GST (if any)

Midway Motel 293 Fenton Street Rotorua View map

Listing # 1002 Listed 15 Feb 2012

Resort Brokers (Licensed: REAA 2008)'s logo
Resort Brokers (Licensed: REAA 2008)

Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua
  • Midway Motel, Rotorua

About this business

Number of Rooms:
15

Configuration:
This property consists of 15 versatile units that sleep up to 6 persons each. Configuration of each unit is a 2 person studio at ground level, plus a separate bedroom upstairs sleeping a further 4 persons. Midway can sleep 90+ persons per night.

Owner's Accommodation:
A very large 4 bedroom owner's home.

Features:
Midway Motel is well situated in the heart of Rotorua's central accommodation area. It has excellent street appeal, all the rooms are thermally heated and have a hot pool. Six of the units are being completely refurbished, new bathrooms, kitchens etc with the remaining 9 units to be refurbished next year.

Lease Details:
16 years to run.

Financials:
Financial information is available after the signing of a confidentiality agreement, which can be obtained from the broker.

For further information about this opportunity please contact Ray Hart on 021 33 54 88 or email ray@resortbrokers.co.nz
 

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