Property Highlights

• Freehold going concern on a prominent c.2,023m² site on the corner of Te Heuheu and Kaimanawa Streets in central Taupō.
• 10 self-contained motel units plus a 3-bedroom manager's residence.
• Less than 500 metres from Taupō's CBD, lakefront and restaurant precinct.
• Value-add potential through refurbishment, active management and future expansion (subject to council consent).
• High-profile location opposite Taupō Medical Centre in one of New Zealand's leading tourism and events destinations.

Acting on instructions from the Receiver we offer for sale the Kiwi Cove Motel, previously known as the Adelphi Motel, a freehold going concern positioned on a highly visible c.2,023 square metre corner site opposite the Taupo Medical Centre in the heart of Taupō.

Located less than 500 metres from the CBD, vibrant restaurant precinct and the shores of Lake Taupō, this well-positioned motel combines outstanding accessibility with potentially strong long-term investment fundamentals. Comprising 10 self-contained accommodation units together with a spacious two-bedroom manager's residence, the property offers an ideal platform for owner-operators, investors or hospitality entrepreneurs seeking to capitalise on Taupō's thriving visitor economy.

Having recently returned to traditional motel operations following a period of alternative use, Kiwi Cove presents significant upside through refurbishment, enhanced online marketing and active management. The generous site also provides scope for future expansion, with potential to add further accommodation units, subject to Taupō District Council approval.

For a detailed information pack and to view please call Hugh (021 901 390) or Michael (027 826 2750)

More information: https://www.colliers.co.nz/p-NZL67041501