For Sale

Property Description

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

Due Diligence Information

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Superior Freehold Investment

23 Clarence Street, Hamilton Central, Hamilton

2,386.48 m²
Basic Details
Listing ID : 1421
Listing Type : For Sale
Land Area : 2,474 m²
Floor Area : 2,386.48 m²
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