A Rare Opportunity - Service Apartment Business

Rotorua

$775,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c5lxlm

Business Highlights:

* Prime location, just a few minutes away from the lakefront and Polynesian Spa, walking distance to Rotorua I-SITE centre, all restaurants, bars and the Rotorua night market.

* This accommodation business offers a total of 8 x 2 bedroom apartments and 8 ensuite rooms on the ground floor which can be sold as individual rooms.

* All units are newly refurbished with brand new furniture, beds, mattresses and electrical appliances. The interior design has been modernised to a high standard with very low maintenance needed.

* Online reservation and payment systems have been fully established. The self check-in/check-out procedures have been running smoothly, providing low labour cost.

Strengths and Reasons to Buy:

-Location
-Easy to operate, all systems have been fully established, owner input only 1-2 hours per
week and a part-time manager is in place doing around 10 hours per week
-Extremely low labour cost
-Further opportunity to grow the business and brand
-Recently refurbished, no further investment required
-Excellent accommodation business model.

If you are looking for a well-established and easy to operate accommodation business in a tourism mecca, this unique business model would be an excellent investment, eliminating the pressure of increasing labour costs whilst achieving an excellent return on investment.

Call Christine now and book a viewing - 022 317 1359.

Price $775,000.

Enquire about this business