This is a unique opportunity to acquire the combined business/leasehold interest and the freehold interest in the land and buildings in this long-held family asset. Situated on a substantial 3,844 sqm level site with road frontage directly beside Skyline Rotorua, the property offers multiple options: • Redevelopment Potential - reposition or redevelop for commercial, residential, or mixed-use outcomes (subject to Council Consent). • Tourism & Hospitality - capitalise on proximity to Rotorua's premier attractions to deliver a new visitor accommodation or destination development. • Add Value to Existing Use - refurbish, expand, or modernise the motel to meet strong domestic and international demand. • Holding Income & Future Upside - continue operating the existing motel while advancing future planning or redevelopment. The improvements comprise a late 1960's early 1970's era motel complex of 8 units plus a four-bedroom manager's residence, offering both immediate utility and significant add-value potential. With its scale, location, and flexible Commercial 5 zoning, 156 Fairy Springs Road represents one of the most compelling development or investment opportunities in Rotorua.