Excellent business opportunity


213 Lake Terrace, Taupo

Asking Price NZD $1,125,000 + GST (if any)

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Excellent business opportunity | 213 Lake Terrace, Taupo | 1696135 |      X Close
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Description

Excellent business opportunity


• Long lease term until 2047!

• 17 well-appointed suites, promise excellent return on investment!

• Well established boutique motel, and an iconic Taupo landmark!

Nestled in the heart of Taupo, a popular tourist destination renowned for its natural beauty and adventure activities, The Cove Motel offers a unique proposition for savvy investors.

One of the standout features of this motel is its geothermal infrastructure. The premises and guest spa pools are supplied with geothermally heated water, via a heat exchanger, resulting in significant cost savings on operational expenses. This affords a sustainable advantage which aligns with the increasing demand for eco-friendly accommodations.

In addition to its geothermal benefits, The Cove Motel boasts an owner's apartment, providing a comfortable living space for the investor. This allows for convenient on-site management and hands-on involvement, ensuring meticulous attention to guest satisfaction and maintaining the property's impeccable standards.

As a popular destination, Taupo offers a vibrant tourism industry and a consistent flow of visitors, ensuring a steady stream of occupancy and revenue throughout the year.

Investing in The Cove Motel means becoming part of a thriving hospitality business with strong growth potential. This investment opportunity presents an exciting prospect for investors seeking excellent returns and a promising future in the thriving Taupo tourism market. Don't miss the chance to be a part of The Cove Motel's success story. Invest today and capitalise on the lucrative opportunities that await in this flourishing hospitality industry.

Business details:

Opportunity - chattels, goodwill and long-term lease benefit

Accommodation - 12 Spa Suites; four (4) Executive Studios and one (1) Executive Suite (100sqm)

Owners residence - two bedroom, separate indoor and outdoor living, and adjoining reception