Waterfall Park Hotel – Unique Queenstown Opportunity
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Waterfall Park Hotel – Unique Queenstown Opportunity
Located between Arrowtown and Lake Hayes, the Waterfall Park Hotel is offered for sale as a turn-key development by one of New Zealand’s leading commercial real estate agents, Bruce Whillans of Whillans Realty Group.
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WintonWaterfall Park Hotel Artist Impression
The Waterfall Park Hotel and Wellness Retreat is one of Queenstown’s premier hotel development opportunities directly adjacent to the Five-Star Millbrook Resort and Golf Course.
Sitting on an approximate 14 hectare site, the Waterfall Park Hotel is planned to deliver a luxurious experience that is both sophisticated and quintessentially New Zealand. It has been designed around a natural waterfall and existing stream to celebrate and embrace the natural environment. The hotel will be developed by Winton – one of New Zealand’s largest private developers.
Key investment highlights of the Waterfall Park Hotel include:
- Consented, 380-room, 4-Star+ hotel with full F&B, wedding and wellness offerings.
- Conference facilities for up to 600 delegates.
- Exceptional waterfall setting adjacent to two world-class golf courses.
- Operator interest from multiple international hotel brands.
Managing Director of Whillans Realty Group, Bruce Whillans has commented, “The natural landscape and existing heritage buildings at Waterfall Park evoke character and luxury that is unique to this property. While a peaceful setting for business and leisure travellers to enjoy, it is less than 15 minutes’ drive from the Queenstown International Airport and world-class golf courses, ski fields and a number of top-end wineries and restaurants are also all within a short drive of this landmark property.”
Whillans continued, “Queenstown is one of the strongest hotel markets in Asia-Pacific. In the year to March 2018, RevPAR has increased by 20% and hotel occupancy rates currently sit at 82%.”
“An undersupply of hotel accommodation combined with a limited development pipeline and growing visitor numbers will continue to drive the performance of Queenstown’s hotel market well into the foreseeable future.”
“Waterfall Park presents an exceptional and unique opportunity to secure a landmark presence in one of Asia-Pacific’s most desired hotel investment markets.”
For further information on the sale of Waterfall Park Hotel, contact Bruce Whillans via the below phone or email.
This is a Feature Property.
See another New Zealand hotel listing by Bruce Whillans:
Northlake Hotel opportunity in Wanaka’s Northlake development – Bruce Whillans
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