Whakarewarewa, Rotorua

CBRE Hotels is privileged to exclusively present for sale the Rydges Rotorua, located at 10 Tyron Street, Whakarewarewa, Rotorua.Ideally situated on the edge of the stunning Whakarewarewa Forest, the Hotel overlooks the geothermal Te Whakarewarewa Valley, one of New Zealand’s most visited and iconic tourism precincts. Situated on a 10,987 sqm freehold site, the Rydges Rotorua comprises 203 guest rooms and suites as well as extensive guest facilities including Chapman’s Restaurant, a geothermally heated outdoor swimming pool, two spa pools, a gym, a cultural centre and flexible conference facilities. The Hotel sits adjacent to the Whakarewarewa Geothermal Reserve and Māori Cultural Centre, with Te Puia and the Pohutu Geysers, the Redwoods-Whakarewarewa Forest, and the city’s renowned adventure, spa and wellness attractions all within immediate reach.Rotorua’s central location on New Zealand’s North Island, approximately 230 kilometres south of Auckland, ensures the Hotel is accessible by road from the ‘Golden Triangle’ of Auckland, Hamilton and Tauranga — three of the country’s largest and fastest-growing population centres. Managed by EVT under the Rydges brand with near term vacant possession, the incoming purchaser has full flexibility over future management strategies including continuing the existing HMA, owner-operating, renegotiating the HMA or engaging an alternative third-party operator.Rydges Rotorua is being offered for sale by Expressions of Interest Thursday 23 July at 4:00pm (NZST).