Rotorua Motel New Lease For Sale

This motel is located in the centre of Rotorua and equipped with 19 guest units plus a separate 2 bedroom residence for owner's family. 19 guest units are diversfied acceptable for assorted booking demands,eg. 3 x studio units, 10 x 1 bedroom units, 5 x 2 bedroom units, 1 x 3 bedroom unit. Owner's accommodation is in good condition as well. Freehold land area of 2,328m2. Vendor wants to sell the motel by two options, either FHGC or just business only.
Asking price is $1.95M for FHGC or $300,000 for just business only under a long term lease. Financials are ready for the buyer who signs on the Confidentiality Agreement Form.
Contact Chris Park for more information on his website, www.chrispark.co.nz