sold
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Sold Property
m2
$620,000
The well-known and historic Marquis of Normanby Hotel offers buyers huge potential to develop the business and create a drawcard for both locals and visitors to Carterton. Located on the corner of High Street North and Broadway, the property is in the heart of the central commercial area and has high traffic flows and easy vehicle access to good off-street carparking.
Original 1920s character has been retained in the hotel, which is now ready for rejuvenation. Upstairs the hotel has 21 bedrooms and a cashflow supported by a TAB agency and 18 gaming machines. There is also a manager's flat. A large dining room and recently upgraded commercial kitchen is ready and waiting for a new owner to breathe new life into. Recent work has seen a new WOF issued, and the building is not rated earthquake prone.
Presently owner operated, the property could be sold as a going concern. Contact the agents for further information or to arrange a time to view.
Floor area:
472 sqm - Ground Floor
451 sqm - First Floor
923 sqm - Total
Built in 1924
Property ID: #WL10419
Office
Licensed under REAA 2008
m2
Sold Property
The well-known and historic Marquis of Normanby Hotel offers buyers huge potential to develop the business and create a drawcard for both locals and visitors to Carterton. Located on the corner of High Street North and Broadway, the property is in the heart of the central commercial area and has high traffic flows and easy vehicle access to good off-street carparking.
Original 1920s character has been retained in the hotel, which is now ready for rejuvenation. Upstairs the hotel has 21 bedrooms and a cashflow supported by a TAB agency and 18 gaming machines. There is also a manager's flat. A large dining room and recently upgraded commercial kitchen is ready and waiting for a new owner to breathe new life into. Recent work has seen a new WOF issued, and the building is not rated earthquake prone.
Presently owner operated, the property could be sold as a going concern. Contact the agents for further information or to arrange a time to view.
Floor area:
472 sqm - Ground Floor
451 sqm - First Floor
923 sqm - Total
Built in 1924
Property ID: #WL10419
Office Harcourts Wellington City Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
$2,275,000 143-159 Jackson Street, Petone, Wellington 5012
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