HOTEL IN THE HEART OF REMUERA

Remuera, Auckland City

By Negotiation

Proposed Usage
Hotel & Leisure
Floor Area
643.00 m²
Description:
Property ID
1c5k3m3

It is not only a property, but also a high return investment hotel.

Here is a rare opportunity for you, with a premium Remuera location and only a minutes walk to the best of cafes, restaurants, boutique shopping and supermarket - this historic Devereux Boutique hotel must surely be the best value property on the market!

Within approx 5 mins drive from New Market and ASB Showgrounds, 7 mins drive from Cornwall Park and One Tree Hill and just 10 mins drive from the Auckland city centre. Mount Hobson is a 20-minute walk away.

17 Bedrooms & 14 Bathrooms, all suites include a private bathroom and a spacious seating area. Some suites also have a spa bath, fireplace or a bay window with lovely garden and One Tree Hill views. Newly built cafe with commercial kitchen, best for brunch or small functions. A generous floor plan of approx. 643m2 in total.

Yes, it is LEASEHOLD, but it has an affordable ground rent and new long term lease to 2035 with the right of renewal (every 21 years). Absolutely in Auckland double grammar zone. You will not only possess this property, you will own the hotel and cafe as well.

For further information on this property or any further property requirements, please contact:

Oscar Zhao
022 580 8866
o.zhao@barfoot.co.nz

Enquire about this property

Remuera Area