The Chamberson Hotel at 77 Stuart Street Central City Dunedin is for sale by Wayne Keene, Allister Simpson and Gav Castles of Bayleys, setting the standard for luxurious hospitality.
Boutique Dunedin hotel The Chamberson is on the market through Wayne Keene, Allister Simpson and Gav Castles of Bayleys.
The 22-room hotel complex is offered for sale as a Going Concern, that is business only, including chattels, goodwill and benefit of the lease term, expiring in 2053.
Source: Bayleys
Set within a renovated heritage-listed building between the railway station and the Octagon in the heart of Dunedin, the distinguished hotel seamlessly complements a modern aesthetic with the building's original elements.
Spacious, light-filled apartment-style rooms and large windows provide captivating views of the city's landscapes.
Source: Bayleys
Featuring 21 apartments over six configurations, each room has its own story to tell. An outstanding aspect of this property, due to open in November, is a large rooftop apartment complemented with a generous outdoor deck overlooking the city.
A brief, leisurely walk will lead you to Dunedin's vibrant cafés, restaurants, and bars, all while being within easy reach of numerous popular attractions. Moreover, the primary shopping thoroughfare is just a stone's throw away.
Source: Bayleys
The sale of The Chamberson Hotel business represents an opportunity to either enter the tourism industry or further grow your existing portfolio in a generally tightly held city.
With the new Forsyth Barr Stadium providing events on a regular basis, such as rugby, cricket, festivals, and concerts that book out the city, the accommodation market will continue to grow.
Further, with the construction of the new tertiary hospital, consisting 421 beds due to commence this month at a cost of NZ$1.7 billion, it is expected there will be pressure on the accommodation Sector.
To request a copy of the Information Memorandum please email either of the Bayleys marketing agents Wayne Keene or Allister Simpson or Gav Castles via the contact form below.
To view the listing or for more information click here.
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