WELLINGTON: Significant Hotel Complex. FHGC $5,000,000 Negotiable.

Just five minutes from Wellington Central, three minutes from Parliament Buildings and a short walk to the city’s famous cable car, this property boasts 72 guest rooms and four multi-purpose conference rooms. This sits on a 15,050m² block with excellent street frontage and ample car parking.
 

The hotel offers 66 studio units, 2 one-bedroom suites and 3 triple rooms, a restaurant and bar facilities. This is a very bankable property with strong existing cashflow. Future potential includes the option to further develop and expand its operational style.
 

This is a profitable operation and the owner’s motivation for selling is to retire from the industry. A lease option is also available.
We would welcome your enquiry on this hotel for sale in Wellington via this website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.