CRITERION HOTEL, WAIMATE - REALISTIC PRICE WAIMATECentury 21 - Christchurch - Crest Realty Ltd - Licensed under the REAA 2008. Search our listings for property for sale in New Zealand
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198 QUEEN STREET WAIMATE
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Property
ID: CRT911
CRITERION HOTEL, WAIMATE - REALISTIC PRICE
Contact agent for details
198 Queen Street WAIMATE
Consider the Multiple Income Streams.
Below Replacement Cost! Asking $600,000 plus stock and chattels at valuation + GST if any.
A grand old hotel at the southern end of Waimate, the Criterion is eminently suited for boutique style accommodation, wedding venues and function centre availability.
Public bar access is by separate rear entry. A fully equipped commercial kitchen, the Restaurant, currently operated as a Steakhouse also sports a separate entrance off the carpark beside the enclosed garden bar, ideal for private functions.
The Private Bar is easily accessible through it's own entrance via the main front door.
The Function Centre, also with private entrance through the front door is complemented by a beautiful private garden.
Upstairs, the accommodation area offers definite scope to transform the present shared bedrooms to 8 ensuite rooms.
VALUE - Acquire this hotel complex at less than it's replacement value.
VALUE - Add value - Put your own mark on this splendid establishment.
VALUE - Create multi income streams within the many tourism & hospitality facets provided by this hotel.
VALUE - Enjoy a great lifestyle in this area of South Canterbury.
Below Replacement Cost! Asking $600,000 plus stock and chattels at valuation + GST if any.
A grand old hotel at the southern end of Waimate, the Criterion is eminently suited for boutique style accommodation, wedding venues and function centre availability.
Public bar access is by separate rear entry. A fully equipped commercial kitchen, the Restaurant, currently operated as a Steakhouse also sports a separate entrance off the carpark beside the enclosed garden bar, ideal for private functions.
The Private Bar is easily accessible through it's own entrance via the main front door.
The Function Centre, also with private entrance through the front door is complemented by a beautiful private garden.
Upstairs, the accommodation area offers definite scope to transform the present shared bedrooms to 8 ensuite rooms.
VALUE - Acquire this hotel complex at less than it's replacement value.
VALUE - Add value - Put your own mark on this splendid establishment.
VALUE - Create multi income streams within the many tourism & hospitality facets provided by this hotel.
VALUE - Enjoy a great lifestyle in this area of South Canterbury.
PROPERTY DETAILS |
PROPERTY TOOLS |
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Land Size 3020 m2 Building Size 880 m2
Open For Inspection Contact agent for detailsOffice
Century 21 - Christchurch - Crest Realty Ltd - Licensed under the REAA 2008
95 Main South Road Sockburn
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Pak Loke B.E. AREINZ
Pak Loke
T: 0508 421 421
A/H: 0508 421 421
M: 027 221 1489
