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Hotel Freehold Investment for sale in New Zealand. Excellent opportunity to be landlord of a hotel with good returns!

Tuesday 7 July 2015, 12:41PM

By Chrissy Chisholm - Tourism Business Broker

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Hotel for sale NZ. Excellent opportunity to buy Hotel Freehold Investment showing good returns in New Zealand
Hotel for sale NZ. Excellent opportunity to buy Hotel Freehold Investment showing good returns in New Zealand Credit: Chrissy Chisholm - Tourism Business Broker

Any buyer of a hotel freehold investment will want to investigate this hotel freehold investment for sale which enjoys lake frontage and is showing approximately 7.5% return.

The hotel is in good condition with 7 rooms, 13 pokies, approximately 100 seater restaurant and conference room on the second story. The tenants are happy and agreeable to any further development. The building envelope is 3 stories as of right, so plenty of development opportunity.

The hotel has undergone major renovations in recent times to the bar, restaurant and conference room which has ensured this hotel business contines it's popularity as a consistent top performer.

The purchase price is $1,500.000 +GST if any.

This hotel freehold investment sale certainly deserves further investigation and I am happy to chat this opportunity through with you. Adrian Chisholm - Hotel Business Broker can be contacted on 021 727 888 or email adrian@tourismproperties.com. TourismProperties.com www.tourismproperties.co.nz is a specialist Real Estate Company helping buyers and sellers of hotels throughout New Zealand.