Trophy heritage hotel, Wellington CBD core
A rare opportunity to secure one of Wellington's most architecturally significant landmarks and reposition it for its next chapter.
Built in 1927 to a Neo-Georgian design by celebrated architect W. Gray Young whose portfolio includes Wellington Railway Station the building earned the NZIA Gold Medal in 1932 and carries Category 1 heritage listing. Held on a single Fee Simple title within the Stout Street Heritage Area, the property currently trades as the 13-room Wellesley Boutique Hotel, rated 5-star with an 8.7/10 guest score across 1,068 reviews.
Offered as a going concern - land, buildings and business, with no leases in place, the property gives an incoming owner a clear run at growing the room count and revitalising underused space, including scope to add further guest accommodation on the upper floors, subject to the usual heritage and structural consents. Positioned in the heart of Wellington's prime CBD, moments from Parliament, the train station and the city's legal and government precinct, this is a genuine trophy asset with enduring appeal for an owner-operator or value-add buyer alike.
To obtain copies of all supplementary documents including seismic disclosure - please register your details at https://new.propertyfiles.co.nz/listing/281
• Heritage landmark by W. Gray Young, NZIA Gold Medal winner
• Freehold, approx. 455sqm site with approx. 1,592sqm of heritage floor area
• Sold as a going concern - no leases in place
• Currently a 13-room, 5-star Wellesley Boutique Hotel with strong guest reviews
• Clear upside to expand accommodation into under-utilised heritage space
• Prime Wellington CBD location, 400m from Railway Station & Parliament
Built in 1927 to a Neo-Georgian design by celebrated architect W. Gray Young whose portfolio includes Wellington Railway Station the building earned the NZIA Gold Medal in 1932 and carries Category 1 heritage listing. Held on a single Fee Simple title within the Stout Street Heritage Area, the property currently trades as the 13-room Wellesley Boutique Hotel, rated 5-star with an 8.7/10 guest score across 1,068 reviews.
Offered as a going concern - land, buildings and business, with no leases in place, the property gives an incoming owner a clear run at growing the room count and revitalising underused space, including scope to add further guest accommodation on the upper floors, subject to the usual heritage and structural consents. Positioned in the heart of Wellington's prime CBD, moments from Parliament, the train station and the city's legal and government precinct, this is a genuine trophy asset with enduring appeal for an owner-operator or value-add buyer alike.
To obtain copies of all supplementary documents including seismic disclosure - please register your details at https://new.propertyfiles.co.nz/listing/281
• Heritage landmark by W. Gray Young, NZIA Gold Medal winner
• Freehold, approx. 455sqm site with approx. 1,592sqm of heritage floor area
• Sold as a going concern - no leases in place
• Currently a 13-room, 5-star Wellesley Boutique Hotel with strong guest reviews
• Clear upside to expand accommodation into under-utilised heritage space
• Prime Wellington CBD location, 400m from Railway Station & Parliament
Key features
Opportunity
Heritage landmark by W. Gray Young, NZIA Gold Medal winner
Available
Freehold approx. 455sqm site with approx. 1,592sqm of heritage floor area
Occupancy
13-room, 5-star Wellesley Boutique Hotel with strong guest reviews
Location
Prime Wellington CBD location, 400m from Railway Station & Parliament
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