65 Broadway presents a rare opportunity to secure an accommodation investment with flexibility of tenure, strategically positioned on State Highway 3 at the northern entrance to Stratford.
Occupying a prominent 2,479 sqm (approx.) site, with improvements comprising eight, two-bedroom accommodation units together with a character manager’s residence incorporating reception facilities and additional guest accommodation.
Constructed in 1972, the property provides a total NLA of approximately 522 sqm, featuring 11 guest rooms and 10 bathrooms.
The property is leased to an established operator on a 15-year term from January 2026, returning $83,472 per annum plus GST and outgoings. There is the opportunity to acquire the property with vacant possession - to be negotiated.
Zoned Residential, providing add value options in the primarily residential area. The northern and western boundaries adjoin The Taranaki Diocesan School for Girls.
Combining long-term income, a strategic high-profile location, and the flexibility to occupy or further enhance the asset, 65 Broadway, Stratford represents a compelling opportunity for investors and owner-operators alike.
For Sale by way of Deadline Private Treaty, closing Wednesday, 9 September 2026
For more information or to arrange an inspection contact:
Benet Carroll
+64 210 289 4537
benet.carroll@collierswgtn.co.nz
Please note: all floor areas are approximated only.
Features:
- Site Area: 2,479 sqm (approx.)
- Eight accommodation units plus character residence/reception
- 15-year lease from January 2026
- 11 rooms and 10 bathrooms
- Returning $83,472 p.a. plus GST and OPEX
- NLA: 522sqm (approx.)
- Residential zoning
- Rateable Value: $1,170,000 (effective August 2023)
- Prominent State Highway 3 location at Stratford's northern gateway
More information: https://www.colliers.co.nz/p-NZL67041610
