Ownership: Owned and operated by the current owners for 10 years
Property Highlights:
Rich History: This wonderful building is steeped in history and is a favorite among locals for its charming bar.
Low Rent: Enjoy higher profitability with very low rent, keeping more money in your pocket.
Accommodations: The hotel features 18 rooms with various types, from singles to family suites, appealing to a wide range of guests.
Popular Bar: A well-loved spot for both locals and travelers, creating a vibrant social atmosphere.
Dining Facilities: Includes a fully equipped commercial kitchen and a delightful restaurant.
Event Space: A conference and meeting room available with a separate bar for additional income opportunities.
Owner’s Residence: Comes with a spacious 3-bedroom unit for owners or managers.
Why Invest in Gladstone Hotel?
Turnkey Operation: This is a ready-to-operate business. Simply step in and start earning from day one.
Community Favorite: A beloved establishment within the community with a steady stream of loyal patrons.
Scenic Location: Positioned near popular tourist destinations like Lake Tekapo and Geraldine, attracting a diverse clientele.
Versatile Spaces: The meeting room and conference facilities provide additional revenue streams.
Don’t miss this unique opportunity to own a profitable and historic hotel in a prime location. Invest in the Historic Gladstone Hotel today and become a part of its rich legacy!
For more information and to arrange your private viewing, please contact our specialist Accommodation Broker, Deb Chakraborty on 02102760319 or deb@tourismproperties.com.
