Listing #:1503638107

Hotel Development For Sale in Hokitika

Seeking expressions of interest!
Location: Westland, West Coast
Seeking expressions of interest from hotel operators wanting to strategically strengthen their hotel portfolio geographically on the West Coast of New Zealand, for the leasehold interest and the freehold investment.

Proposed Development: Five storey hotel complex offering 90 -100 guest rooms approx., meeting spaces, restaurant, bar, reception, lobby lounge, public areas and off street parking for coaches and guests.

Prime location: Within easy walking distance to the main tourist retail precinct in the heart of Hokitika’s Township. The hotel will overlook the river mouth with views of the Southern Alps, Mt Cook and Ocean Coastline. The land parcel is 3770 m2 more or less and represents a fantastic opportunity to own and operate an international standard hotel and benefit from the tourism boom in New Zealand.

Proposed Hotel spaces:
•Ground floor, hotel lobby, reception & gym.
•Mezzanine, house bar, lounge and guest rooms.
•Level 1, meeting spaces, restaurant & bar, kitchen and guest rooms.
•Levels 2 – 5, guest rooms, a maximum of 27 rooms per typical floor.

Opportunities include:
•Owner/operator lease option, full fit out by operator. Terms of lease to be negotiated.
•Owner/operator freehold investment, fit out by operator.

Key Tourism Statistic National: Source Statistics New Zealand.
•International visitor arrivals (year ending December 2015) 3,132,000 growth 10%pa.
•Commercial accommodation (year ending December 2015) hotel nights 12,832,000 growth 5% pa.
•Economic Contribution (year ending December 2015) Tourism Market Domestic Expenditure ($b) 18.1, growth 6.3%. International ($b)11.8, growth 17.1%
•International Tourism forecast (period 2015 to 2021) Total Visitor Arrivals (millions) 2021 3.8, growth PA 4%.

Please register your level of interest with Brad Watts hotel specialist broker. Mob: 0212 780 919 email:

Agency reference #: THL-37277
Asking price: $0
Listed: Wed 27 Dec, 12:05 pm
Brad Watts
  • Contact details
  •  (021) 2780919
  •  (021) 2780919


Agent's details

Brad Watts
  •  (021) 2780919
  •  (021) 2780919

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