The luxury Baycrest Thermal Lodge land, buildings and going concern accommodation business for sale. 79 Mere Road in Taupō, New Zealand for sale on application by Wayne Keene and Brent Hannah of Bayleys Real Estate.
The land, buildings and business operating as a luxury thermal spa motel in the central North Island tourism magnet of Taupō, New Zealand have been placed on the market for sale.
Baycrest Thermal Lodge is located on an elevated site one block back from Lake Taupō, and some 1.6 kilometres from Taupō’s central hospitality precinct.
The well-established accommodation provider’s room inventory comprises 16 accommodation apartments configured between large king-size studio suites and one-bedroom units. All ground floor units have natural self-filling thermal hot tubs nestled in their own private outdoor courtyard spaces.
Constructed in a U-shaped format around a central guest car parking area, the Baycrest Thermal Lodge units are spread over two storeys in three separate blocks. Operating at a 4.5-5-star standard, Baycrest Thermal Lodge enjoys very healthy room rates year-round.
The size of the Baycrest Thermal Lodge buildings and its high-profile site near the intersection with the busy Lake Terrace arterial route, ensure the business is easy to find for incoming guests, while also making it extremely easy to drive into Taupō’s central business district.
Within the property, the upstairs owner/manager’s accommodation comprises a three-bedroom residence with extensive views over Lake Taupō and the mountains beyond. The motel sits on some 1.892 square metres (more or less) of land.
The luxury Baycrest Thermal Lodge land, buildings and going concern accommodation business at 79 Mere Road in Taupō are being marketed for sale on application through Bayleys Auckland.
Bayleys’ national director hotels, tourism and leisure Wayne Keene and Bayleys Napier hotels, tourism and leisure salesperson Brent Hannah say the Baycrest Thermal Lodge offering would appeal to a wide buyer audience – from property investors looking to maintain a management structure or to more ‘hands-on’ business operators looking for a prosperous opportunity to step into that role themselves.
“Despite the last two years of COVID-19 disruptions with lockdowns and travel restrictions, the Baycrest Thermal Lodge business has continued to grow, and is recognised as one of the best properties in Taupō’s motel sector,” says Keene.
“Consistent occupancy levels over the majority of the past five years have enabled the business to increase its rates during that time.”
Keene and Hannah say the Baycrest Thermal Lodge’s solid profile within multiple internet booking systems has ensured a strong forward booking calendar – which would automatically be passed onto the new owner.
A relaxing Cabana room adjoins the in-ground geothermally heated swimming pool with a water temperature ranging between 28-37 degrees Celsius.
The property has been subjected to significant capital investment over the last three years with refurbishing of the rooms and external property maintenance to keep appearances at high standards. As a boutique accommodation provider, most of the Baycrest Thermal Lodge’s bookings come through the domestic and free independent traveller sectors.
For more information contact the agents via the contact form below.