Rare Development or Refurbishment Opportunity
A rare large-scale property opportunity on a 3.5935 ha Entranceway Accommodation site has become available in a prime Rotorua gateway location, among a variety of tourist accommodation providers. The property provides substantial Hotel buildings ready for reimagining, alongside approximately 1.4 ha of undeveloped land offering flexible options for new construction, expansion, or alternative land use. With its size, strategic positioning, and strong future-growth indicators, this site represents one of Rotorua's most compelling retirement, residential or tourism-based opportunities" perfect for developers, investors, accommodation providers, or groups seeking a large, centrally located project with exceptional potential. This expansive site, across four titles with multiple road frontages, is ideally positioned for significant repurpose, full-scale refurbishment, or a combination of both.
Call Mark or Simon today for more information.
Features:
Strategic city gateway location
Four titles
Development and/or refurbishment option
Sound tourism infrastructure in place
Available vacant possession
For Sale by Negotiation
More information: https://www.colliers.co.nz/p-NZL67037601