New built Sebel Hotel with 15 year lease on market

16, Lakewood Court, Manukau, Manukau City

Price On Application

Proposed Usage
Hotel & Leisure
Floor Area
7100.00 m²
Description:
Property ID
1c7497g

New built Sebel Hotel with 15 year lease on market

- Brand new hotel completed in 2018
- 152 guest rooms and 57 car parks
- Strategically located within in a robust and growing economy and tourism region
- Leading global hotel operator
- Highly sought after tourism destination
- Net rental: $3,500,000 p.a. + GST
- Lease term: 15 years +10 year +10 years with 2 yearly rent review

The Sebel Hotel enjoys a prominent profile onto the Southern Motorway, with access via Lakewood Court, only a short distance from the motorway exit. The area is in very close proximity to the Manukau CBD as well as the earlier mentioned demand drivers of Wero White Water Park, Vodafone Events Centre and Rainbow's End.

The Sebel Auckland Manukau Hotel is well positioned in the mid-scale category of the Auckland accommodation market and is one of the only internationally branded operations in the Manukau area. The internationally recognised Sebel branding provides an attractive offering for a wide range of customers.

Manukau is undergoing continued rejuvenation, which is currently being supported by local and national government agencies.
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Manukau Area