Leased Hotel Investment
676, Mount Wellington Highway, Mount Wellington, Auckland City
- Proposed Usage
- Hotel & Leisure
- Floor Area
- 2832.00 m²
- Property ID
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.