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*** SOLD ***
Freehold Motel – Rotorua Motel Mile
Listing: #HC00184
Gordon Fridge
Broker | Bay of Plenty
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Bay of Plenty
Freehold Motel – Rotorua Motel MileFREEHOLD Motel offering excellent ROI
The Apex is an eye-catching, colonial style, 14 ground-floor unit motel in the heart of the ‘motel mile’, with an attractive long lease in place. All Freehold investors should move quickly!
Lessees have maintained the motel to a very good standard over time. All outgoings such as rates, insurance, general maintenance etc, are covered by the lessee. The Freehold owner just has to sit back and enjoy the income!
- Excellent ROI
- 2 x Titles, 2024m² land area
- 710m² floor
- Well configured and sizeable owner’s home
- 1980s construction – mixed materials and iron roofing
- Strong lease in place
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.