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Iconic venue, undeniable value

3 Rimu Street, Ohakune

Hospitality
dollar

Negotiation

Floor area
1490m2
Title type
Freehold
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Business details

Listing # 2900770 | Listed on 9 April

Sitting proudly in an elevated position with breathtaking views of Mount Ruapehu is Kings Ohakune, an iconic piece of Ohakune’s heritage.

Established in 1913, this revered establishment is a must-visit for tourists exploring the region. There is a variety of accommodation options available to suit individuals, couples and the regular large coach tours that come to Kings. There are 25 rooms featuring ensuites along with additional accommodation with shared facilities, which is currently used for staff accommodation and seasonal workers. Accommodation is in demand year-round with the ski season during winter and hiking and mountain biking groups during the summer months.

As a thriving hospitality venue, Kings caters to both locals and visitors. The popular restaurant and bar are also available for private functions, which makes Kings a truly versatile investment with multiple income streams.

Bayleys Whanganui and Ruapehu are proud to present this rare opportunity to own a slice of Ohakune's history. With a realistic price expectation, this would be a fantastic investment for savvy investors and owner-operators alike. It would be wise to act quickly to secure this gem of an offering.

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