New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel
New Build Freehold Christchurch Hotel

New Build Freehold Christchurch Hotel

Expressions Of InterestUnder Offer

Offered exclusively by Resort Brokers Australia and Resort Brokers New Zealand for the first time is the truly rare opportunity to acquire a quality, new-build Christchurch CBD hotel… an outstanding freehold investment in New Zealand’s second largest international gateway city. Importantly, the property is offered for sale off-the-plan with vacant possession, giving the incoming owner the ability to select their preferred operator and management structure in order to maximize secure and ongoing investment returns.

Key Features

  • Brand new 88-room 3.5-star CBD hotel fully operational by H1 2018
  • Prime location in the heart of Christchurch close to key attractions, shopping, dining entertainment, the new worldclass Christchurch Convention Centre, and planned $500 million 25,000-seat Christchurch Stadium
  • Offered as a freehold hotel investment with vacant possession or with a franchise agreement to provide a strong, internationally-recognised brand to support rapid business growth
  •  Entry to high-performing NZ hotel market achieving all-time high occupancies and room rates on the back of a surging tourism economy. Visitor numbers have surged to record-breaking levels, with demand outstripping hotel room supply
  • This 3.5-star offering has distinct appeal in a high-demand, less well-supplied market
  • New-build hotel offers the incoming investor maximum depreciation benefits
  • Smart contemporary design and modern facilities will appeal to high-volume, value-conscious domestic and international visitors to New Zealand’s second largest international gateway city
  • Expressions of Interest closting 5pm AEST 17th November 2017.

NB: Property inspections are by appointment only

Being sold in conjunction with Resort Brokers New Zealand.

 

Key Details

Listing Ref: FH004964
Property Type: Hotel
Region: OFFSHORE - New Zealand
Suburb: Christchurch
Sale Type: Freehold Going Concern
Net Profit: $2,446,000 Projected
Price: Expressions Of Interest

Listing Agent(s)

Agent Feedback

I’ve been in the Management Rights business for 15 years and have only used Resort Brokers for transactions. Almost a decade ago Glenn Millar successfully managed my sale of Oceans Mooloolaba. Five years ago I bought The Rise Noosa through Glenn and also sold it through him recently. As always Glenn has been totally professional, is well respected and knows the industry like few others. My Company also recently acquired Peppers Hervey Bay (now known as Oceans Resort & Spa Hervey Bay). This was a particularly complex transaction but, again, Glenn handled his part most effectively.

- Gary Rice
Chairman,
Oceans Resort & Spa, Hervey Bay

I would like to say thank you very much to Trudy for steering our deal across the line! All negotiations these days seem to take time and I appreciated her persistence, communication & feedback along the way. The purchasers seem intent on making the operation a success and with the help of others I think we have a good shot of kicking the complex away nicely. Looking forward to settling and cracking the bubbly!!

- Sandy Murdoch
Vendor,
Oshen Apartments

Glenn is an effective communicator and follows through queries from both vendors and purchasers promptly. His effective techniques for selling Management Rights have become clear to us both as purchasers and vendors, and he does not allow an opportunity to be missed.

- June and Karl Teller RESIDENT MANAGERS