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Taupo

213 Lake Terrace, Taupo, Taupo

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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

Asking Price NZ$1,125,000 + GST (if any)
Michael  Broome

Michael Broome


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

Wayne Keene


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

Features

Growth opportunities


Become part of a thriving hospitality business with strong growth potential

Lease


Long lease term until 2047

Location


Located in a popular tourist destination with a prime waterfront position

Premises


12 Spa Suites, four Executive Studios and one Executive Suite