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*** SOLD ***

Executive on Fenton Rotorua

Listing: #EL01441
price

$950,000

Profit

sales

industry

Bay of Plenty



About this Business for sale in Bay of Plenty

Executive on Fenton Rotorua

The Executive on Fenton is one of the newest motels in Rotorua. It is conveniently located opposite the racecourse, just 1.2 km from the town centre and boasts a high-profile corner site. The complex is a perfectly manageable size; achieve an enjoyable lifestyle, while earning a very healthy income to support that lifestyle.

The 20-suite complex is presented in excellent condition throughout, with the regular and consistent maintenance very evident. The Executive has the advantage of a thermal bore, this supplies all hot water and heating – resulting in significant savings.

Configuration:

All units are very spacious, with modern décor, spa baths or spa pools

There are:

  • 6 x executive suites (upstairs) with spa bath and kitchenettes
  • 7 x one-bedroom ground-level suites with spa pool and kitchenette
  • 7 x studio rooms (2 access units)

Owner Accommodation:

Split over two levels and quite separate from the motel units, it feels like more of a home than owner quarters.  The reception is conveniently located next to the living room, it is fitted with a security camera which the current owners find to be a great addition.

The modern home offers:

  • 3 x very good-sized bedrooms
  • 1 bathroom with both bath and shower and separate WC
  • 2nd WC downstairs
  • Modern kitchen/dining with a semi-separate lounge
  • Internal access to a single garage and additional car parking

Reference: EL01441

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.