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Unrivalled development opportunity

424 Fenton Rd  hero

The former site of the SilverOaks Hotel Geyserland in Rotorua is for sale, offering an unrivalled development opportunity in one of New Zealand’s tourism and culture capitals.

Colliers International is marketing the site at 424 Fenton Street for sale by negotiation.

Broker Mark Rendell of Colliers in Rotorua is marketing the property with colleague Mathew Gibbard.

Rendell says the 5,237sq m freehold site is a uniquely Rotorua offering.

“The site is in a major tourist area and spectacular geothermal location.

“It’s adjacent to popular attraction Te Puia and overlooking the famous Pōhutu Geyser.

“The mighty Redwood Forest, a ‘mecca’ for mountain bikers, is also just around the corner.”

The site is available for the first time in two decades, following forced closure of the property in 2017 due to subsidence risk caused by high ground temperatures.

The four-storey hotel building on the site was originally constructed by the Myer Family from Lion Breweries but has been undergoing demolition since 2019.

Gibbard would like to see the iconic site returned to its former glory.

“The former SilverOaks Hotel Geyserland was a popular destination, renowned for its stunning views over the city and geothermal park.

“It was also a great space for events and was home to the first commercial gym in Rotorua.

“The property remains one of the best sites in the region, providing the opportunity to create an unrivalled development in one of New Zealand’s key tourism destinations.

“The site’s location and zoning would make it ideal for an international tourism development.”

Rotorua has long been an iconic tourist destination for both New Zealand travellers and international visitors.

The region is known for its beautiful lakes, geothermal attractions and for being a cultural hub of New Zealand.

The city is located on the southern shores of Lake Rotorua, with the wider district including a substantial rural area and smaller lakeside communities.

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Mark Rendell



I am a qualified plumber who always had a real passion and drive for Real Estate.

In 2007 I made the decision to follow my heart and pursue my dreams, for the last several years I have been the leading commercial & Industrial property broker in Rotorua

I am absolutely passionate about what I sell.  I have developed excellent relationships with my customers through applying my interpersonal skills and exceeding expectations by identifying and implementing customer-centric  solutions.

Sales Management

Experienced in developing strategies to address my customer’s key requirements and concerns.  I build confidence in my portfolio through applying my knowledge and experience to match my customers needs

Customer Focus

Adept at understanding issues from my customer’s perspective.  I listen carefully to my customer and consider what is the best solution for them

Building Trust

Treat people with respect.  I operate with integrity, ensuring that I always keep my promises and commitments within agreed timeframes.


Exceptional communication skills with which I am able to articulate ideas, rationales and points logically and succinctly to all stakeholders, customising the medium to the audience as required.

Commercial Acumen

I have established strong levels of commercial acumen throughout my career and have the ability to readily identify areas for business development.

I’m very excited about developing and expanding business with Colliers Rotorua International.

With my local knowledge and experience alongside Colliers’ extensive and specialised national networks,  we will take Rotorua’s commercial property market activity to a new level..”


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Mathew Gibbard

Commercial & Industrial


MATHEW GIBBARD is a Commercial & Industrial Sales and Leasing Agent with Colliers covering the Bay of Plenty. He has a focus on commercial and industrial property sales & leasing in Tauranga, Rotorua and the greater Bay of Plenty area. His specialty is the sale and leasing of office and retail spaces and buildings.

Mat is experienced in a variety of markets and property types from a broad and varied career based in Wellington, Auckland, Queenstown, Sydney, USA, and 10 years in Tauranga. Mat has had a 30 year career in sales, customer service, management, start-ups, hospitality and insurance. This is backed up by a Bachelor of Commerce and Marketing and New Zealand Certificates of Financial Services and Real Estate. These skills give him a unique insight of the Bay of Plenty commercial and industrial markets which helps add value to his real estate clients’ transactions. He can help you decide when it’s the best time to move, sell, lease or buy for your best return. He understands potential costs and risks to your investment property/business, specifically from his Insurance background dealing with fire and general, private & commercial, business, risk management, and the EQC. 

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