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Rotorua

7 Tryon Street, Rotorua, Rotorua

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2,864sqm Land area SQM
2,570sqm Floor area

Rotorua trophy tourism investment


• 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.

Asking Price NZ$5,380,000 + GST (if any)
Owen Ding

Owen Ding


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Millie Liang

Millie Liang


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Current Gross Rental


$418,200 pa.+GST

Land Area


2,864sqm (more or less)

WF Label 3


WF Description 3