All are taking visitors again since the Government shut down emergency housing in December. Many are now refurbished. <\/p>\n
The Copthorne has total land of nearly 40,000sq m and its four storeys feature 136 rooms, suites, conference areas, a restaurant and bar. <\/p>\n
This also includes about 14,000sq m of undeveloped land. This could be used for construction, expansion or other options.<\/p>\n
Colliers brokers Mark Rendell and Simon Clark, who were selling the property via negotiation, said the property could be sold vacant or on a short-term lease to the existing hotel chain.<\/p>\n
Rendell said buyers had a chance to secure a high-profile position in one of New Zealand\u2019s most popular tourism destinations.<\/p>\n
\u201cThis property is perfect for developers, investors, accommodation providers, or groups seeking a large, centrally located project,\u201d Rendell said<\/p>\n
He said the large floorspace and landholding meant the property could be refurbished and used as a hotel. It could also become a retirement or residential complex, subject to the relevant consents.<\/p>\n
Rendell said Infometrics data showed Rotorua was rebounding following the challenging post-pandemic period.<\/p>\n
The Copthorne Hotel on Fenton St is for sale. Photo \/ Supplied<\/p>\n
He said tourism expenditure in the Rotorua district increased by 4.4% in the year to September 2025 compared with a year earlier. <\/p>\n
This outpaced the national figure of 2%. Total tourism expenditure in those 12 months was approximately $806 million, up from $772m the year prior.<\/p>\n
Total guest nights in Rotorua also increased by 6.4% during this time.<\/p>\n
The data supports comments Bay of Plenty Hospitality New Zealand branch president Reg Hennessy has made. <\/p>\n
He said last month that his business, Hennessy\u2019s Irish Pub, was doing better than before the pandemic because of the number of international visitors. <\/p>\n
Meanwhile, K\u0101inga Ora is hoping to recoup money by selling the 2six5 on Fenton<\/a> site.<\/p>\n K\u0101inga Ora bought the site in 2021 as part of an \u201curgent Government response\u201d to meet emergency housing need in Rotorua. <\/p>\n It paid $8.1m when the property was estimated to be valued at about $4.3m. <\/p>\n K\u0101inga Ora spent a further $3m renovating the buildings to bring them up to transitional housing standards.<\/p>\n The former Boulevard Motel site, later operating as a K\u0101inga Ora transitional housing premises called 2six5 on Fenton, will be demolished and the land sold. Photo \/ Kelly Makiha<\/p>\n