Leased Hotel Investment

676, Mount Wellington Highway, Mount Wellington, Auckland City

By Negotiation

Proposed Usage
Hotel & Leisure
Floor Area
2832.00 m²
Description:
Property ID
1c517p6

CBRE (Agency) Limited (CBRE) is pleased to present this unique Mount Wellington hotel for sale by negotiation.

Leased assets of this nature very rarely come to the market. The property occupies a prominent, high profile corner site on an important arterial route that services Aucklands southern corridor. This offering represents an exceptional opportunity for the astute buyer to acquire a well established leased hotel investment that is located on land that enjoys both an intensive zoning and a strategic location that clearly underpins value.

Close proximity to southern motorway, Kings College, Middlemore Hospital and Mt Smart Stadium.

Key Investment Highlights:

- Rare opportunity to enter hotel investment market
- Strategic Mt Wellington location
- 45 hotel units plus conferencing facilities, licensed restaurant/bar, gaming room
- Annual Net Rent - $457,000pa + GST
- Popular and well established hotel
- Freehold 2,832 sqm, corner site - THAB zoning

Viewing by appointment only.

Enquire about this property

Mount Wellington Area