Alexandra Hotel for sale at Pirongia

The Alexandra Hotel in Pirongia, Waikato, has been recently refurbished. Photo / Supplied

The land, buildings and business of the recently refurbished Alexandra Hotel in Pirongia, Waikato, are now for sale by negotiation.

Ray White Newmarket sales agent Tanya Kwasza says the hotel's freehold site of over 4000sq m provides room to grow, while its hunting-themed bar and restaurant facilities hum with local and out-of-town trade.

"In the last 20 months experienced operator Hugh Rhodes upgraded facilities and transformed the decor, introducing the Five Stags theme, which fits perfectly with Pirongia's hunting heritage." says Kwasza. "We're seeing hundreds of visitors-at-a-time during the likes of Pirongia's Blues Festival and a recent visit by Australian celebrity comedy duo Hamish and Andy.

"Having spent about 50 years in hospitality, and with many additional goals to tick off his list, Hugh's ready to pass on the baton."

Though dating from 1865, the present hotel was rebuilt following a fire many years ago which gave a blank canvas for the astute Rhodes to remodel, after purchasing it in 2016.

"This establishment offers a five-room hotel, dining and bar areas with a huge parking area and views of beautiful Mt Pirongia," says Kwasza.

The hotel bar features stag head trophies of five deer species inspiring the Five Stags theme. Photo / Supplied

"The restaurant seats 110 and three outdoor bar areas have a capacity for 150 people. The largest of these is a covered area with relaxing seating, a pool table and a stage for live music, offering a first class venue for festivals, events and functions.

"The ability to service takeaway trade from the restaurant, plus host the likes of camper vans and motorcycle tour groups, rounds out the picture."

Kwasza says Pirongia is in strong growth mode, with new residents flocking in from both nearby Te Awamutu and Hamilton.

The restaurant seats 110 and three outdoor bar areas have a capacity for 150 people. Photo / Supplied

It's position on the main route to Central North Island ski fields and attractions such as Waitomo Caves, helps to provide a constant stream of national and overseas tourists.

"The time has come for Pirongia village and in my view this is the perfect investment for somebody willing to put in the time and energy," Kwasza says.

"Factoring in Waikato's growth, a new owner's investment is likely to really pay off in just a few years."