TAUPO HOTEL BUSINESS OPPORTUNITY

Taupo

$1,100,000

Proposed Usage
Hotel & Leisure
Description:
Property ID
1c2ts6g

• This is a rare opportunity to operate a hotel business situated in the beautiful lakeside location with a stunning viewing of Tongariro National Park
• Equipped with 40 guest rooms with a licensed restaurant and bar, facing to Lake Taupo with Conference facilities for available for group package bookings
• Lease will expire on 30 June 2032, with a right of renewal of 15 years, so final expiry will be 30 June 2047
• Prospective buyers are required to sign on the Confidentiality Agreement prior to receiving Lease and Financials
• Income was $1.4M + GST during 2016/2017 and $1.3M + GST during 2015/2016
• The purchaser may negotiate the offer excluding restaurant and bar
• Contact Chris Park for more information and to view
• Asking Price $1.1M

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Taupo Area