BUSINESS DESCRIPTION
This historic building was used as a boarding house for gold miners in the early 1900's. There is still a lot more potential with space for 6 to 10 more (en-suite) rooms and the currently 10 finished rooms show the true potential it has.
A bit of work to be done but don't be put of as it is mainly cosmetic. The hotel is fully operational as is with a recent overhaul in the kitchen as well as a new sprinkler system. All safety requirements are met and ready for operation.
This town in the Waikato Surrounds is the perfect base for walkers and cyclists with purpose build mountain bike tracks, walking tracks and the Hauraki Rail Trail that was funded by the government and opened in 2012.
Popular Mineral Spa and leisure pools are located in the domain next door, as well as the museum, the Geyser and several springs.
The seller is highly motivated to retire. Might be a good time to get a bargain!
Owner will consider any offers over $695,000