The Silver Oaks Hotel on Thorndon in Wellington is for sale

The Silver Oaks Hotel on Thorndon is for sale, selling the Freehold Going Concern or by choice the Business only and the Freehold Investment. A three way option ready for your consideration.

The hotel is Just five minutes from Wellington Central, three minutes from Parliament Buildings and a short walk to the city’s famous cable car.

The property boasts 71 guest rooms and four multi-purpose conference rooms and is situated on a 15,050m² site with excellent street frontage and ample car parking.

There are 66 studio units, 2 one-bedroom suites and 3 triple rooms, a restaurant and bar facility.

The conference facilities are four dedicated multi-purpose meeting rooms, which combine to form the Garden Suite ( largest capacity 200 ). There is a private entrance from carpark.

Pricing Guide
*  Freehold Going Concern $ 5 Million plus gst if any
*  Business Only $ 960,000 plus gst if any
*  Freehold Investment $ 4,04 Million plus gst if any
 

Website : http://www.silveroaks.co.nz/hotels/hotelthorndon/index.html
 

Contact the Broker

 
Ross M. Larsen C.H.A.

Ross Larsen, the Tourism & Hospitality Business Broker that is acting as the agent for the owner of this property is happy to discuss this property's details with you at any time - refer to the contact details on this page.

Wellington

Wellington stands at the south western tip of the North Island of New Zealand on the Cook Strait, the passage that separates the North & South Islands of New Zealand.

The city is the southern most national capital city in the world with a latitude of around 41 degrees south. It is also the most remote capital in the world and is more densely populated than most settlements in New Zealand.

More than most cities, life in Wellington is dominated by the Central Business District where 62,000 people go to work and where there are many wonderful restaurants and bars and recreational facilities made available for the visitor and local  population.

Wellington has a reputation for its beautiful natural harbour and green hillsides adorned with tiered suburbs of colonial villas. Of the total 500 square kilometers in the Wellington region 190 square kilometers is set aside for parks and reserves.