Hotel & Buildings, Hamilton CBD

Hotel & Buildings, Hamilton CBD — Hospitality & Tourism · Hamilton CBD · Asking EOI · Revenue $2,100,000

Hamilton CBD hotel and buildings opportunity, available as buildings-plus-business or buildings-for-rent Leasehold going concern comprising the VR Hotel and Hamilton City Inn plus demised buildings Prime ~4044m² leasehold interest with retail tenancy income from multiple tenants A long-term ground lease extending through to 2137, providing scope for future redevelopment Proven hotel and tenancy…

DealProspect/Listings/Hospitality & Tourism

Hotel & Buildings, Hamilton CBD

Hotel

ActiveHospitality & TourismWaikatoB2B & B2C

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Asking price

~$2,100,000

est. from 1× revenue · NZD

Revenue

$2,100,000

TTM

Earnings (est.)

~$388,500

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple

n/a

Price includes the property

Brief

Hamilton CBD hotel and buildings opportunity, available as buildings-plus-business or buildings-for-rent
Leasehold going concern comprising the VR Hotel and Hamilton City Inn plus demised buildings
Prime ~4044m² leasehold interest with retail tenancy income from multiple tenants
A long-term ground lease extending through to 2137, providing scope for future redevelopment
Proven hotel and tenancy incomes; offered by expressions of interest; suits investors or developers

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