Lower Hutt
5 Cornwall Street, Lower Hutt, Lower Hutt
Expressions of Interest
(unless sold prior)
Quality Hotel The Angus
• Highly popular 3.5-star suburban hotel
• Strong cash flow and high-yielding investment
• Strategic landholding of 6,290sqm (more or less) adjoining Queensgate
• Surplus land lends itself to further development
• Alternative uses: aged care, residential, commercial, mixed-use
Wellington is one of the most sought-after regions for hotel assets in the country given the strong guest demand it generates as the country's capital and political centre. It is also the national hub for the film and creative industries with other demand drivers including Sky Stadium and the recently opened convention/events centres in the CBD (Takina) and Lower Hutt.
Located on the fringe of the Lower Hutt CBD this popular 3.5-star hotel features 75 rooms, full bar and restaurant services, conference rooms and dedicated reception. Adjacent to a prestigious residential area and opposite the Wellington region's most popular regional shopping centre, Queensgate, the property is conveniently located with many local business drivers for the hotel.
Surplus land lends itself to further development (subject to council consents).
A significant landholding in the heart of Lower Hutt.
Wayne Keene
021 666 991
wayne.keene@bayleys.co.nz
Mark Sherlock
021 481 562
mark.sherlock@bayleys.co.nz
Dean Humphries
021 408 156
dean.humphries@colliers.com
Wayne Keene
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Mark Sherlock
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Investment
Strong cash flow and high-yielding investment
Business use
Highly popular 3.5-star suburban hotel
Zoning
Central Commercial Activity Area
Location
Wellington is one of the most sought-after regions for hotel assets in the country given the strong guest demand it generates as the country's capital.
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