Historic Spa Hotel - Taupo

One of New Zealand's oldest hotels located in the tourist-driven haven of Taupo is for sale offering broad opportunity for a results-focused investor.\n\nThe historic Spa Hotel in Taupo dates back to 1869 and it was once at the forefront of the town's tourism industry. Today, the property still includes a range of heritage buildings and is currently trading as a 'budget style' motel and backpacker operation.\n\nThe Spa Hotel is being sold as a going-concern with freehold land and buildings. Located on a high profile site close to the Eastern Arterial Highway and on one of the main feeder roads to town, the property is held in two titles with a combined land area of 7.4857ha.\n\nUpgrading and refurbishment work would be required to bring the property into line with other accommodation providers in Taupo, however, the Spa Hotel offers a solid platform on which to base a modern accommodation and hospitality operation.\n\nA visionary new owner will see opportunity in enhancing the cultural and historical aspects associated with this iconic site to create a signature hsopitality offering for the tourist market which remains the mainstay of Taupo's local economy. \n\nOn offer are licensed bar and restaurant facilities for up to 480 people serviced by a commercial-grade kitchen, 15 chalet units configured to sleep up to five guests each, a further ten studio units configured to sleep three guests each, additional accommodation buildings for staff and long-stay guests, indoor and outdoor swimming pools, and a thermal bore with two heat exchange units providing heating to the accommodation suites.\n\nA substantial amount of underdeveloped land adjoining the existing Spa Hotel buildings provides potential for the construction of a more upmarket style of accommodation with amenities which could capitalise on the invigorating spa waters which stiill flow through the site.\n\nTaupo is in the thermal heartland of the North Island and built around Lake Taupo, the largest lake in New Zealand.\n\nIt is a sought-after holiday destination nationally and internationally; world-acclaimed trout fishing draws tourists to the lake and rivers, nearby Tongariro National Park has world-class walks, and Taupo is close to popular ski fields. \n\nCentrally-located, Taupo is a 3.5 hour drive from Auckland and around 5.5 hours from Wellington.\n\nRealise the outstanding potential of this historic tourism opportunity