Savills are pleased to offer for sale the Hotel on Devonport, an exceptional freehold going concern comprising 42 unit titled rooms within the Devonport Towers. This is an outstanding opportunity for an owner operator to take the Hotel into the next chapter or an existing hotel owner to rebrand it as part of a wider portfolio.
The freehold of Hotel on Devonport for sale within the Devonport Towers by Savills Jesse Paenga, Ryan Geddes and Norman Engel.

The Hotel has shown strong revenue growth in recent years and has been a resilient performer during lockdowns with strong post lockdown recovery. 
The lobby and 33 car parks are positioned on Level 3 of the Devonport Towers building, and the 42 rooms span over levels five to eight, all include balconies.
Within the building is a fitness centre and the Tauranga Club, the restaurant and bar are on level five and have sweeping views across the inner harbour to Mount Maunganui. Whilst the club does not form part of the hotel it provides a great dining and relaxation spot for guests.

KEY HIGHLIGHTS

• 42 unit titled rooms and 33 on site car parks
• Generous room sizes with superior furnishings and bedding
• Balconies in every room, with views of either the City or Inner Harbour
• Unlimited high speed wifi & sky multiroom incl movies and sport
• High level service with 24 hour reception desk
• Full management team in place
• All the entertainment Devonport Road has to offer within walking distance


The Vendor’s vision of creating a boutique hotel came to realisation in 2003, ever since this Hotel has shown tremendous occupancy rates and financial returns. Working on the mantra of “nothing is too much trouble” the passion and enthusiasm of the owners and their experienced team have put this vision into reality. Recognised for their award-winning experience the Hotel on Devonport is a go to for both business and leisure guests. The loyal and captive client base has meant that occupancy levels are not greatly influenced by overseas travel but more so an established local catchment.

The freehold of Hotel on Devonport for sale within the Devonport Towers by Savills Jesse Paenga, Ryan Geddes and Norman Engel.

To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.