Silver Oaks Resort Heritage is for sale as a FHGC in Rotorua

The SilverOaks Resort Heritage hotel is for sale as a FHGC and comprises of 41 unit motor lodge construction. It was built during the 1980's, with 6 individual titles with a total combined site of 8463 sq meters.  

The property lies only a short distance to the famous Whakarewarewa Thermal Area, Arikikapakapa Golf Course and the Rotorua Racecourse. The Rotorua city centre is just one kilometer away with its favourite restaurants, cafes and Bars. 

 There's something for everyone at the SilverOaks Resort Heritage - a great range of outdoor activities in the spacious grounds. Swimming, mini-golf and tennis can be enjoyed all year round, night and day. Barbecue area with individual gazebos near the heated swimming pool, to treat yourself to a superb meal at the fully licensed Scotch Poacher Restaurant and Bar. 

This previous award winning Hotel has the following features:- 

5 Multi purpose medium size Conference rooms, catering from 12 people to 120 in a Theatre style seating. 

Adventure playground 

Spacious Grounds 

Floodlit Tennis Court 

Spa Pools 

41 Units split as:- 

13 x Studios

18 x One Bedroom

10 x 2 Bedrooms 

Full kitchen facilities are provided to the one and two bedroom units. 

The Silver Oaks Resort Heritage has an outstanding presence in Rotorua and has traded through the recession with some positive results. It is one of the first hotels you arrive at from the South and boasts a corner location with a wide frontage and commands a strong presence from the passing traffic. 

For complete financial details and valuation reports please register with us at Tourism Properties by clicking on the PDF icon in the download section.

The owners of Silver Oaks group will consider offers for the Frehold Investment and for the lease as follows:-

Freehold Investment  $4.8m

Leasehold Investment $1.2m

Rotorua

(from Māori: Te Rotorua-nui-a-Kahumatamomoe, "The second great lake of Kahumatamomoe")

Rotorua is sited on the southern shores of Lake Rotorua, in the Bay of Plenty region of the North Island of New Zealand. The city is the seat of the Rotorua District, a territorial authority encompassing the city and several other nearby towns. Rotorua city has an estimated permanent population of 55,600 , with the Rotorua district having a total estimated population of 68,200 . The city is in the heart of the North Island, just 60 kilometres (37 mi) south of Tauranga, 80 kilometres (50 mi) north of Taupo, 105 kilometres (65 mi) east of Hamilton, and 230 kilometres (140 mi) southeast of Auckland.

Rotorua is a major destination for both domestic and international tourists; the tourism industry is by far the largest industry in the district. The city is known for its geothermal activity, and features geysers – notably the Pohutu Geyser at Whakarewarewa – and hot mud pools. This thermal activity is sourced to the Rotorua caldera, on which the city lies.. Rotorua is home to the largest tertiary institute outside of the university centres, the Waiariki Institute of Technology.

Geothermal areas

Kuirau Park, to the west end of the central city, is also remarkable hot bubbling mud pools dot the park, lending a surreal air to the setting. Visitors can soak their feet in hot pools.

The especially pungent smell in the central-east ‘Te Ngae’ area is due to the dense sulphur deposits located next to the southern boundary of the Government Gardens, in the area known as ‘Sulphur Point’.

Lakes

With 17 lakes, the Rotorua region is an aquatic paradise. Fishing, waterskiing, swimming and other water activities are popular in summer. The lakes are also greatevent venues; Rotorua hosted the 2007 World Waterski Championships and Lake Rotorua was the venue for the World Blind Sailing Championships in March 2009. Lake Rotorua is also used as a departure and landing point for float planes.

Other activities

Rotorua is also home to botanical gardens and interesting historic architecture. Known as a spa town and major tourist resort since the 1800s, many of its buildings hint at this history. Government Gardens, close to the lakeshore at the eastern end of the town, are particularly worthy of note.

Another of Rotorua's attractions is mountain biking. Whakarewarewa Forest has been described as 'the Disneyland of mountain biking' and has some of the best mountain bike trails in New Zealand. Rotorua hosted the UCI Mountain Bike and Trials World Championships in August 2006.

Road

Rotorua is served by State Highways 5, 30, and 30A, and the Thermal Explorer Highway touring route, with State Highways 33 and 36 terminating on the outskirts of the city.

State Highway 5, running concurrently with the Thermal Explorer Highway, is the main north-south route through Rotorua, bypassing the city centre to the west. North of the city at Ngongotaha, State Highway 36 splits off to provide a route to Tauranga via Pyes Pa, while State Highway 5 turns westward, connecting to State Highway 1 at Tirau and providing the main route into Rotorua from Hamilton and Auckland. To the south, State Highway 5 provides the main route into the city from Taupo, Hawke's Bay, Manawatu, and Wellington.

State Highway 30 runs southwest to northeast through the city. The route from Tokoroa, Waitomo Caves and Taranaki enters the city in the southwest (running concurrently with State Highway 5), before crossing the southern suburbs to the shore of Lake Rotorua east of the city centre. It then runs through the suburb of Te Ngae, before spliting off State Highway 33 to provide an eastern route to Tauranga via Te Puke. State Highway 30 then turns eastwards, and connects to the eastern Bay of Plenty, and the Gisborne region.

State Highway 30A runs northwest to southeast, connecting State Highways 5 and 30 with each other via the city centre.

Air

Rotorua International Airport is located 9 kilometres (5.6 mi) northeast of the city centre, off State Highway 30. Air New Zealand provides daily turbo-prop flights between Rotorua and Auckland, Wellington, and Christchurch airports, with a daily 737 flight between Rotorua and Christchurch in the summer months. Previously Qantas also operated a Boeing 737 on the same route, but upon their departure from domestic flights in New Zealand this was discontinued.

Work has been completed to increase the main runway length to allow direct Airbus A320 flights to and from Australia. Air New Zealand has commenced direct flights to Sydney; interest in other routes has came from Jetstar, who have been considering Brisbane or the Gold Coast as possible routes.