This is a compelling value-add business and investment opportunity underpinned by strong existing accommodation fundamentals and significant untapped revenue potential.

Since 2013 the Gateway has been owned by offshore investors and operated under management.

Despite consistently positive guest reviews (best in Masterton) and exceptionally high accommodation standards, the business has underperformed under the third-party management. This creates a terrific opportunity for an experienced operator to unlock value through improved revenue management and active business development.

10 high quality suites (the most luxurious in the Wellington region) including ‘Premier’ and ‘Access’ up to 62m2

Function venue with commercial kitchen 242m2 & 40m2

Plush 32-seat licensed House Bar with snack meals

Deadline sale closing May 28th with an asking price of $2,950,000 (plus GST if any) if not sold prior.