112 Mangaroa Street, Tokaanu, Taupo

A lucrative motel investment opportunity

• Business and buildings for sale
• Exceptional investment opportunity
• Promising avenues for future growth
• Situated on leasehold land with 21-year perpetual leases

Tokaanu Lodge Motel presents itself as a venerable and highly frequented complex comprising 14 lodging units, nestled in the charming and historically significant village of Tokaanu, a stone's throw away from the picturesque shores of Lake Taupo.

Ensuring a cozy respite for both travellers and vacationers, this venture boasts an enviable location in close proximity to the majestic mountains, pristine lakes, and enticing thermal walk areas. One of its unique highlights is the presence of its very own thermally heated and mineral-rich hot pools*, complete with a recently acquired bore.

Within the premises, you'll find a two-bedroom manager's cottage, a utility and laundry room for operational efficiency, a capacious garage, and a diverse range of 14 units, accommodating up to a total of 96 guests. Over the years, continuous enhancements have been made to both the interior and exterior of this complex, encompassing redecoration, fresh coats of paint, the installation of heat pumps, and updates to select kitchens, all contributing to a contemporary and inviting atmosphere.

Call to request a copy of the full Information Memorandum.

* NOTE
Pools and Hot Pools are currently non-operational, due to requiring repair to the bore and well. The Vendor is in possession of a quote for the works to restore to working order.