Ad ID: 64772

FHGC Boutique Hotel for Sale Dunedin

FHGC Boutique Hotel

Location:
Asking:
$3,500,000

Business for Sale Description

FHGC Boutique Hotel for Sale Dunedin

The Brothers Boutique Hotel with spectacular views of Dunedin city and its harbour, offers convenience, history, charm and tranquillity. Located centrally, it is only a 6 minute walk to the restaurants, bars and cafes of Dunedin's city centre.

Hotel Complex

The hotel comprises of 15 centrally heated bedrooms, each with a modern ensuite bathroom. Room options, most with balcony access and stunning views, comprise 5*superior with one room that has retained four original stained glass windows, 8 standard queen and 1*super king/twin room.

Other facilities include, guest dining room and lounge, off street guest carparking for 15 vehicles and is on a separate title with development potential. The hotel can also cater for Boardroom meetings and small conferences for groups up to 16.

Owners Residence

Included in the sale is the recently refurbished stand-alone two-bedroom owner’s residence.

The Renovation

Extensive renovations in 2005 to this former stately residence from the 1920s have transformed it into elegant European style accommodation.The renovation spanned 8 months and entailed, new plumbing, with 15 tiled ensuites, new wiring, installation of a central heating system, earth quake proofing and fire rating etc.

The Investment Opportunity

For sale as a freehold going concern (land, buildings and business), The Brothers Boutique Hotel offers new owners an opportunity to be part of NZ’s growing tourism accommodation market.

Dunedin City

Dunedin city, NZ’s seventh largest city, is also known as ‘The Edinburgh of the South’ is a thriving and vibrant city and has a positive and upbeat feel, with abundant nightlife, funky bars and cafes, delicious restaurants and the natural attractions are unique and fascinating.

As well as being New Zealand's first university city, it has an abundance of museums and galleries.

It is renowned for its proximity to incredible wildlife. A short drive from the city centre is the wildlife-rich Otago Peninsula including the world's only mainland breeding colony of the Royal albatross.

Dunedin is also memorable for its historical architecture and regarded as one of the best preserved Victorian and Edwardian cities in the Southern Hemisphere. Dunedin even has an authentic castle – Larnach Castle and another claim to fame is Baldwin Street, the world's steepest residential address!

Reference: EL01041

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Link Business Broking Ltd
For more info
Contact:

Jono Jarvis

+64 9 579 9226 or +64 21 177 9760
Phone: Jono Jarvis or +64 21 177 9760
Link Business (Ellerslie)
REAA 2008
Broker Ref: EL01041

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