Cool, funky and fabulous, the multi-award winning Poshtel boutique hotel has been meticulously crafted to provide luxurious accommodation and a 'kaleidoscope experience' for guests. With a Qualmark 5-star silver rating (Boutique & Lodge category), its unique fit out, furnishings, art and memorabilia reflect local themes of steampunk and outdoor adventure.

Offered as a Freehold Going Concern (land, buildings and business), this is a well-established and profitable business opportunity for an owner operator or an investor seeking a turn-key addition to their property portfolio in a thriving regional location. The current owners are relinquishing their dream project, having extensively renovated and upgraded the building into Poshtel, so they can focus on new business opportunities.

Options exist for an owner operator, or an investor to engage a hotel manager or sell the leasehold interest.

Situated in the heart of Oamaru, within walking distance of the historic precinct, the hotel features 16 individually themed hotel rooms including a manager's apartment, which is currently utilised for additional guest accommodation. An onsite guest lounge, reception, breakfast room and function / bar area add to the experience and revenue streams.

The original 1920s building was strengthened to 100% NBS rating and extensively upgraded in 2018. Complete with an extensive list of plant, equipment, chattels, iconic memorabilia and antiquities this is a turn-key investment option.

This is a unique and special offering for someone wanting to purchase a quality and proven accommodation business in a popular tourist destination.

Download the property files and Information Memorandum: https://propertyfiles.co.nz/property/CHR10215
Note - property boundary lines are indicative only for illustration purposes.