Auckland Central - TURNKEY CBD HOTEL OPPORTUNITY

Description

Dating from 1986 the building has an A+ seismic rating, has been refurbished from original and will be sold as a vacant Freehold including chattels, allowing an operator an immediate start. With city bus services almost at the door on Queen Street, access to all points and motorways is easy.

• Land area of 810m² in addition to approximately 3,296m² total GFA over 11 levels, ground floor and basement
• 82 hotel rooms on-site
• A+ IEP report
• Two passenger lifts
• Zoned City Centre
• 15 car parks

This fully operational hotel represents a rare offering with over eight levels, car parking and excellent outlooks just 50 metres from Queen Street. Major education institutions are within walking distance as well as K'Rd.

The City Rail Link will extend through the existing rail line that connects Britomart, Albert Street, Vincent Street and Pitt Street before crossing below K'Rd and the motorway junction to Symonds Street. This will connect with service lines at Eden Terrace which is foreseen to improve the transport hubs around the subject property.

This is a turnkey hotel asset.