Resort Brokers New Zealand have sold the 40 room Wellesley Hotel on the Lake, a characteristic hotel complex on a long-term lease agreement with 29 years remaining.
Wellesley Hotel on the Lake (formerly known as Caboose) is a characteristic hotel complex built with imported Canadian timber giving it a distinct look and feel. It consists of 40 hotel rooms, restaurant, bar and conference facilities perfectly located on a visible corner site on Lake Terrace in central Taupo.
The hotel is semi-built around a sheltered and private pool area with a swimming pool and spa-pool. The main block, directly facing the lake, includes lobby and reception area, conference facilities, and a bar & restaurant with a spectacular view of Lake Taupo and across to the three volcanic cones of Ruapehu, Tongariro and Ngauruhoe. The other three wings comprise the hotel rooms and service facilities.
Wellesley Hotel on the Lake caters for all types of guests from business travellers, individual tourists, tourist groups and small to medium corporate meetings and special functions.
The business consists of the hotel, conference, restaurant and bar business under a long-term lease agreement with 29 years remaining.
To discuss the sale in further detail contact Joachim Hogefjord of Resort Brokers New Zealand via the below contact details.
See also:
String of recent sales for Resort Brokers NZ