Taupo - Premium motel business for sale

Price Offers Over $1,300,000 plus GST (if any)
Location 3 Motutaiko Street, Taupo
Type Business Hotels Motels Lodges B&B
Floors 1
Floor Area 1684 m2
Land 2763 m2
Listing No # NC65959
Listed 10/01/2019
Views 1


Chantillys Motor Lodge is one of Taupo's best luxury motels, and offers the new owners a substantial financial return. There are 32 spacious & very well presented rooms, from spacious studio rooms to generously sized family units, spa bath units, and an executive suite. The units have quality modern fitout and the current owners have an excellent maintenance and replacement plan that is continuously implemented. Located perfectly for ease of access to Taupo's town centre, restaurants & cafes. Onsite, there is a Conference centre with commercial kitchen, a swimming pool with BBQ area, a hot plunge pool, and ample car parking. Chantillys has a corporate following, and regular rep business and the occupancy is well above Taupo's industry average. The owners accommodation is high quality with 4 bedrooms and 2 bathrooms it will suit a family operator comfortably. If you are thinking of moving to operate a larger Motel that can provide you with greater profitability you should look no further than Chantillys, it is such a great opportunity for the right person.

Priced at $1,300,000 + GST if any, representing a 25% return on investment.
Contact Susan for further details, a confidentiality agreement will be required.

RealEstate Agents contact details and original listing on www.realestate.co.nz -