A Christchurch central hotel for sale through Bayleys’ agents Jesse Paenga, Wayne Keene and Allister Simpson.
A Christchurch hotel has been listed for sale through Bayleys’ agents Jesse Paenga, Wayne Keene and Allister Simpson.
This architecturally award-winning property is located in the heart of the CBD, just 300 metres from the iconic Christchurch Cathedral and renowned Oxford Terrace hospitality district. The freehold going concern is available for sale with vacant possession, offering an excellent opportunity in the hospitality sector.
Mr Keene said, "With its prime location and near-new condition, this property represents a rare chance for investors to secure a high-quality asset in one of New Zealand’s key tourism hubs."
Mr Paenga added, "Christchurch is seeing increased demand for quality accommodation, and this hotel offers both immediate and long-term potential for a wide range of buyers."
The hotel features 48 generously sized keys spread across five floors, all designed with contemporary furnishings and modern colour schemes. Each room includes spacious bathroom facilities, individual air-conditioning, seamless Wi-Fi, and smart TVs, contributing to its 4.5-star rating on TripAdvisor.
A notable highlight of the property is 'The One,' a rooftop licensed restaurant and bar occupying the fifth floor. This award-winning venue serves in-house guests and is also open to the public for functions and dining, providing stunning views of the Port Hills and Southern Alps.
Presented in near-new condition, this hotel offers a solid investment option in the growing Christchurch tourism market.
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