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FACT SHEET

THE HEARTLAND WORLD HERITAGE HOTEL, Haast, New Zealand

Guest Room

Exterior Lobby PROPERTY SUMMARY Address:

Haast Jackson Bay Road, Haast

Tenure:

Freehold Going Concern

Site Area:

3.210ha (approximately)

Building Area:

3,680m2 (approximately)

No. Rooms:

50 Guest Rooms 4 Staff Rooms

Star Rating:

3 star (Qualmark)

F & B:

The Frontier Café & Bar The Waiatoto Restaurants (80 pax) Arawata Bar

Facilities:

BBQ, playground, games room, carparking & coach parking

Management:

The Scenic Hotel Group under the Heartland Brand. Vacant possession possible on sale

KEY INVESTMENT HIGHLIGHTS • Substantial hotel recognised as one of the top performing hotels in the region. • The West Coast is an emerging tourism hotspot in New Zealand with 1.4m guest nights sold for the year ended March 2018. • The hotel has exhibited strong revenue growth under its Heartland branding and capital expenditure programme in 2016/17. • Revenue generated from accommodation and substantial F&B offering. • Opportunity to retain management or acquire with vacant possession. • Initial investment yield of 9.5% or owner occupier initial yield of 16.55%. • Take advantage of New Zealand’s current tourism boom and exceptional hotel performance.

For all enquiries please contact the exclusive agent: Steve McIsaac T . +64 021 680 304 steve.mcisaac@colliers.com

Barry Robertson T . +64 27 433 5941 barry.robertson@colliers.com

Dean Humphries T . +64 21 408 156 dean.humphries@colliers.com

The contents of this document has been prepared solely for information purposes in order to assist interested parties in making an initial evaluation of the property and does not constitute advice, purpose to contain all of the information that a prospective purchaser may require, nor form any part of an offer or contract. Whilst all care has been taken in the preparation, no responsibility is accepted for the accuracy of the whole or any part and interested parties are advised to make their own enquiries and satisfy themselves in all respect. Colliers International New Zealand Ltd.


FACT SHEET

THE HEARTLAND WORLD HERITAGE HOTEL, Haast, New Zealand

N

For all enquiries please contact the exclusive agent: Steve McIsaac T . +64 021 680 304 steve.mcisaac@colliers.com

Barry Robertson T . +64 27 433 5941 barry.robertson@colliers.com

Dean Humphries T . +64 21 408 156 dean.humphries@colliers.com

The contents of this document has been prepared solely for information purposes in order to assist interested parties in making an initial evaluation of the property and does not constitute advice, purpose to contain all of the information that a prospective purchaser may require, nor form any part of an offer or contract. Whilst all care has been taken in the preparation, no responsibility is accepted for the accuracy of the whole or any part and interested parties are advised to make their own enquiries and satisfy themselves in all respect. Colliers International New Zealand Ltd.

Heartland World Heritage Hotel Investment Summary  
Heartland World Heritage Hotel Investment Summary  
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