Cedarwood Lakeside Motel is positioned in an excellent location with beautiful views of Lake Rotorua. This is one of the few premium motels focused on upscale domestic family travellers, European and US groups and the corporate and conference market.

This motel is a perfectly manageable size and the current owners have done a great job of increasing the occupancy, room rate and conference booking. This is a profitable business with over $230,000 net profit annually.

This motel features 16 modern and spacious rooms comprising a mix of units and studios. There is a seasonally heated swimming pool, outdoor spa, private indoor spa and BBQ facilities.

Built to a high standard with low maintenance materials, the property has achieved a high-performance rating score, Booking.com 8.9 and Tripadvisor 4.5.

The large conference room is over 120m2 with a commercial kitchen and provides potential extra revenue stream, such as corporate annual events, wedding events, and conferences.

There is a very spacious and comfortable 5 bedroom, two-storey house for the motel owners accommodation.

A secure long lease and easy to manage, this business would be an excellent investment for new owners who desire an enjoyable lifestyle while earning a good profitable income.

Call Christine - 022 317 1359 now for more information or to book a viewing.

Price $1,050,000

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