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- Four-star hotel, 5 minutes from the CBD
- 19 mixed studio, 1 or 2-bedroom units
- Four-bedroom manager's accommodation
- Land of 2024 sqm (more or less)
The Rotorua Coachman Spa Motel, built in 1990 and completely refurbished in 2014, is now on the market.
Located just 5 minutes from the Rotorua CBD, the famous Pohutu Geyser and Whakarewarewa geothermal region, this four-star motel consists of a good mix of units to cater for a cross section of the market.
The motel over two levels occupies a land area of 2024 sqm (more or less) which sits on the main arterial route into Rotorua.
The current tenant has a lease with a final expiry date of 31/8/2038 offering a good net return for the prudent investor.
The motel consists of 9 x studio units, 9 x one-bedroom units and 1 x two-bedroom unit, 18 of which have their own spa. With a four-bedroom managers accommodation, boutique conference facilities and enough off-street parking to cater for trailers and boats this is a must to view. Motivated vendor will look at offers over $3,550,000 plus GST.
Contact David Schmidt or Paul Sanford to view, strictly by appointment only.