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Tenanted Investment - Opposite International Attraction!

Hanmer Springs, 37 Amuri Avenue

Tender 14 Mar 2019 No Prior Sale

Listing Number: HS8377
About this listing
This is a premium, fully leased investment, and represents an incredibly rare opportunity to purchase a 'Blue Chip' property in one of NZ's most popular tourist destinations!

- Including a large, modern bar/restaurant, fitted out and landscaped in 2015/2016. Designed to the highest standard by 'Hierarchy Group' Architects with comfortable internal and outdoor dining options plus a dedicated children's play area.

- Land holding of 1901sqm's, freehold, with a generous car parking area. All zoned 'Business'.

- Exceptionally high profile location being adjacent to the main entrance to the Hanmer Springs Thermal Pools & spa - an international tourist attraction that receives over 500,000 visitors annually.

- 30m of frontage to the main arterial road into Hanmer, 'Amuri Avenue', and also vehicle access off Harrogate Street.

- Engineers report confirms the building at 100% of the NBS, 'Grade A+', providing peace of mind for the future.

- Currently returning $196,000 + GST per annum, with 2 yearly rent reviews, and the security of a long lease; The next right of renewal is still over 17 years away and the final expiry is in 2056 (if both rights of renewals are actioned).

This award winning design, surrounded by established, successful businesses, and leased to Hanmer's largest hospitality Group, presents a compelling investment opportunity! This is arguably one of the best locations in Hanmer Springs and it is now available for sale.

TENDER: All Tenders are to be received to Harcourts Hanmer Springs by 3pm on the 14th of March 2019. Purchase price - Plus GST (if any).

For more information please contact Harley today!

Statement of passing over:
Please be aware that this information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, Land Information NZ, Local Councils, ECAN, CERA and other organisations. Harcourts Four Seasons Realty 2017 Ltd is merely passing over this information as supplied to us. We cannot guarantee its accuracy or reliability.
Tender date
Thursday 14 Mar 3:00 p.m.
No Prior Sale
Property Information
  • Approx Floor Area: 1 sqm
  • Land Size: 1901 sqm
  • Tenure: Fee Simple
  • Property Type: Tourism / Motel / Hotel, Other (Bar / Restaurant)

Contact Details

Property Location

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