|Sale Type:||Freehold Going Concern|
|Address:||58 & 59 Main North Rd SH3|
|Price:||NZ$1,200,000 (+GST if any)|
|Phone:||+64 7 823 9236|
|Mobile:||+64 27 530 8738|
Otorohanga & Waitomo Motels, on Main North Rd, State Highway 3 in Otorohanga, comprises 12 self-contained ground level units configured as:
- 4 studio units
- 5 x one-bedroom units
- 3 x two-bedroom units
There are 4 buildings on the property and the owner’s accommodation is a 3 bedroom unit adjacent to the office/reception area.
The units are well spread out with play areas for children. There is ample on site parking for cars, trucks and buses and surplus land available for further development.
The motel serves as a central stop off point for those exploring the many attractions of the Waitomo region. The motel enjoys good occupancies and profits and offers a good lifestyle.
Leasehold option is also available for $350,000: contact your Broker.
Otorohanga is New Zealand’s official “Kiwiana town” and is famous for its Kiwi House and Native Bird Park.
The picturesque main street with hanging flower baskets and quirky tributes to “Kiwiana” celebrates the icons, heroes and traditions of New Zealand’s popular culture.
It is the gateway to adventure tourism in New Zealand, lying just 16 kilometres from the world famous Waitomo glow worm caves, black water rafting attractions, farming adventures, cave abseiling and eco-tours.
The stunning secluded beaches and landscapes of Kawhia, its fishing adventures and harbour cruises are less than an hour’s drive away.
Otorohanga District has a progressive attitude towards business development.