Presenting an exceptional opportunity to acquire a fully managed apartment hotel in the heart of Tauranga—Quest on Durham. This property, with its 28 recently renovated rooms, is ideal for a working owner who wants to oversee and drive further growth while benefiting from established management systems.
Quest on Durham operates under long leases, providing security and stability well into the future.
Regional tourism remains robust, with steady demand underpinning strong revenue. Quest on Durham continues to attract both business and leisure guests, capitalising on Tauranga's popularity as a destination.
As part of the respected Quest franchise network, this business enjoys the advantages of national brand recognition, proven marketing support, and a successful operating model. With annual revenues nearing $2 million and recent renovations minimising the need for immediate capital expenditure, this property is perfectly positioned for a new owner to take the reins and realise further potential.
Business Highlights:
-Long leases until 2042
-Recently renovated rooms
-5-minute walk from shops and restaurants
-Experienced staff
This business won't be on the market for long, so get in touch with Angus Rodwell on 021 193 4497 today.
ABC Business Sales, We'll Take You There.
Price by Negotiation
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