• 2,570sqm standalone building comprises of 2,864sqm freehold land (more or less)

• Rotorua Apollo Hotel as an established tenant

• 75% NBS with potential

• Secured long lease until 2033.

• Fixing rental increase 2% every year; current gross rental $418,200 pa.+GST,

This prime location property offers a substantial hotel building totaling 2,570sqm on 2,864sqm of land including generous onsite car parks at your convenience.

The highly rated Rotorua Apollo Hotel comprises of a range of newly refurbished rooms with modern facilities. Free access to the swimming pool, spa, sauna and fitness centre for guests.

Only a short walking distance to the Whakarewarewa Maori Village and Rotorua International Golf Course, and a short drive to the Polynesian Spa and Blue Baths.

As one of the leading international tourism destinations in New Zealand, Rotorua's accommodation and hospitality sector contributes 10.5% to the district's economy.