A rare opportunity to secure a 2,825 sqm development site within Rotorua's established accommodation precinct. Positioned just moments from Fenton Street and surrounded by established hotels and motels, this site is perfectly suited for a new hospitality development.
Key Highlights:
2,825 sqm freehold development site
Development-ready with much of the preliminary work already completed
Located within Rotorua's established accommodation precinct
Just minutes from Fenton Street and surrounded by established hotels and motels
Geotechnical report completed
Survey report completed
Architectural plans available for a 40-unit apartment hotel development, comprising:
26 studio units
14 two-bedroom apartments
Extensive due diligence already completed, helping to save time, reduce development risk, and streamline the planning process
Ideal for a hotel, apartment hotel, serviced apartments, motel, or other visitor accommodation (subject to council approvals)
With strong tourism demand, an established hospitality location, and comprehensive due diligence already in place, this property presents an exceptional opportunity for developers and investors looking to bring their next accommodation project to life.
For further information or to request the information pack, contact Selina on 012 483 277 today.
