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Superior Freehold Investment

23 Clarence Street, Hamilton Central

Hotel Motel Leisure
dollar

Tender

Floor area
2386.5m2
Land area
2474m2
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Property details

Listing # 1421 | Listed on 13 April 2022

Right in the heart of Hamilton, close to the hospital, courts, premium hospitality and CBD is the outstanding Ventura Inn and Suites.

This 50 room - three-level (concrete construction) conference facility hotel / motor inn has a net rental of $438,000.00 and 31 years remaining of a 45-year lease term that commenced in 2007. The lease terms are absolutely fully net with a recent arbitration and appeal having been decided firmly in the landlord's favour.

This is a terrific long-term investment in a prime location.

Tender closes 4pm Wednesday 7 July 2021

For more information including access to our data room, please view the property on our website gollins.co.nz

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