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Hotel for sale in Rotorua, New Zealand. This magnificant luxury historic hotel offers style and sophistication that depicts a bygone era which has been faithfully resorted and trades exceptionally well.

Thursday 12 March 2015, 1:30PM

By Chrissy Chisholm - Tourism Business Broker

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Hotel for sale in Rotorua, NZ - exceptional occupany and yeild still allows for future growth as tourism sector continues to grow!
Hotel for sale in Rotorua, NZ - exceptional occupany and yeild still allows for future growth as tourism sector continues to grow! Credit: Chrissy Chisholm - Tourism Business Broker

This luxury historic hotel located in the CBD of Rotorua is a New Zealand hospitality iconic property and trades exceptionally well and is for sale for about 50% of it's replacement value!

The hotel sale is a Freehold Going Concern (land, buildings, business including the chattels and goodwill) is one of the rare finds in the New Zealand Hospitality and Tourism sector offering style and sophistication that depicts a bygone era and a time honored commitment to service.

This charming victorian building hosts 50 beautifully appointed rooms, conference rooms, thermally heated private pool, sauna, restaurant & bar, plus a wonderful garden bar.

This hotel is currently privately owned and operated for 28 years and there has been only 2 owners in the last 50 years! The hotel has been operating since 1897 and is one of the most stunning 5 star luxury boutique hotels with it's high studed ceilings, chandeliers, furniture, atmoshphere, sumptous surroundings and beautiful furnishings and outstanding service. The hotel hosts lots of functions, wedding and cabarets.

The exceptional occupancy and yeild still allows for future growth by the next owner as the tourism sector continues to grow both in term of domestic and overseas visitor numbers to Rotorua and New Zealand as a destination.

This has to be one of the most exciting business opportunities in the New Zealand Tourism Accommodation & Hospitality sectors, we invite interested parties to contact Adrian Chisholm AREINZ (Tourism & Hospitality Business Broker) on 021 727 888 or email adrian@tourismproperties.com