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Queenstown

1 Melbourne Street, Queenstown, Queenstown Lakes

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Hurleys of Queenstown - 17 Freehold Units


• Freehold going concern boutique hotel in Queenstown.
• Prominent position on a highly visible location.
• Includes a spacious, double-storey, three bedroom, two-bathroom owners' home.
• Includes 17 units with long-term management of another five.

Exceptional boutique hotel consisting of 22 rooms (unit titled) on a highly visible site plus large owners residence.

With historically strong room rates and occupancy, Hurley's is currently operating ahead of pre-covid levels and is able to support a management structure with quality building/facilities in a sought-after location.

There is a configuration of different room types with the majority of rooms providing lake and mountain views.

Offering the combined assets for the first time, Bayleys is pleased to present the opportunity to purchase the management rights along with 17 of the 22 individually titled units, the remaining five are secured under a long term management agreement exclusive to the management company. Hurley's of Queenstown enjoys the benefit of having a good room configuration which caters for corporate studio units through to spacious one and two bedroom units/apartments.

Motels of this calibre are rarely available and presents a rare opportunity to secure an established and well-respected freehold going concern in a key location in Queenstown.

For Sale by Negotiation
Allister Simpson

Allister Simpson


Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Wayne Keene

Wayne Keene


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Lifestyle


Management rights plus real estate

Location


Close to the Queenstown CBD

Quality property


With no rent or lease