The Cove Motel at 213 Lake Terrace Taupō for sale by Wayne Keene and Michael Broome of Bayleys is a well established boutique motel, and an iconic Taupo landmark.
Nestled in the heart of Taupo, The Cove Motel is on the market, offered for sale as a Going Concern by Wayne Keene and Michael Broome of Bayleys.
The 17-key lakefront complex is located approximately 2km from Taupo’s restaurant precinct and less than 1km from Two Mile Bay.
Source: Bayleys
Nestled in the heart of Taupo, a popular tourist destination renowned for its natural beauty and adventure activities, The Cove Motel offers a unique proposition for savvy investors.
One of the standout features of this motel is its geothermal infrastructure. The premises and guest spa pools are supplied with geothermally heated water, via a heat exchanger, resulting in significant cost savings on operational expenses. This affords a sustainable advantage which aligns with the increasing demand for eco-friendly accommodations.
Source: Bayleys
In addition to its geothermal benefits, The Cove Motel boasts an owner's apartment, providing a comfortable living space for the investor. This allows for convenient on-site management and hands-on involvement, ensuring meticulous attention to guest satisfaction and maintaining the property's impeccable standards.
As a popular destination, Taupo offers a vibrant tourism industry and a consistent flow of visitors, ensuring a steady stream of occupancy and revenue throughout the year.
Source: Bayleys
Investing in The Cove Motel means becoming part of a thriving hospitality business with strong growth potential. This investment opportunity presents an exciting prospect for investors seeking excellent returns and a promising future in the thriving Taupo tourism market. Don't miss the chance to be a part of The Cove Motel's success story. Invest today and capitalise on the lucrative opportunities that await in this flourishing hospitality industry.
To request a copy of the Information Memorandum please email either of the Bayleys marketing agents Wayne Keene or Michael Broome via the contact form below.
To view the listing or for more information click here.
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