23 Clarence Street, Hamilton Central, Hamilton

Freehold hotel investment

* Substantial 50 room - three level hotel complex
* High profile and convenient location
* Long lease tenure - 31 years remaining
* Mostly concrete construction
* Convenient location - close to the CBD, shops, restaurants and bars for guest convenience
* Impressive design and appearance 'Trophy Investment'

We are pleased to bring to the market for sale the Freehold Investment of this substantial property which sits in a prominent location right in the heart of Hamilton on a main arterial road through Hamilton city.

Ventura Inn and Suites is a three-level hotel with ample covered and uncovered car parking with features such as an internal lift, inground swimming pool and a feature high ceiling in the reception/dining area affording a positive sense of arrival.

Close to local businesses, Waikato Hospital, shops, bars and restaurants, the hotel is well placed for corporate, family and OTA guests.

Land size 2,474 square metres more or less

Floor area 2,385.48 square metres more or less (from historic valuation report as measured off plans)

Freehold hotel opportunities like this rarely come on to the market and with interest rates so low it makes this opportunity a must-see.

Rental $438,000.00 plus GST pa

An attractive long term investment. For more detailed information please complete the online confidentiality agreement on the right hand side of this listing. We will then provide you with a password to the due diligence room where all of the files can be found.

Tenders close 4pm, Wednesday 7th July 2021