A rare and exciting opportunity for investors, entrepreneurs, and homeowners alike. Whether you dream of running a charming bed and breakfast, a stylish boutique hotel, a large boarding house, or living in comfort while renting out rooms for passive income, this property offers endless possibilities.
With breathtaking views over the central city and harbour, this character-filled property is a rare gem. Once the Christian Brothers residence, this imposing building - now The Brothers Boutique Hotel - offers a unique chance to own a freehold 15-room boutique hotel, complete with attached parking, just a 6-minute walk to the CBD.
Built in 1920, the property retains many original features and was refurbished in 2005, including earthquake strengthening to 70% NBS. The accommodation consists of fifteen bedrooms, all with modern ensuites and central heating, a well-equipped communal kitchen, separate dining room and bright and spacious generous living space.
A rare and exciting opportunity for investors, entrepreneurs, and homeowners alike. Whether you dream of running a charming bed and breakfast, a stylish boutique hotel, a large boarding house, or living in comfort while renting out rooms for passive income, this property offers endless possibilities.
With the new hospital build and multiple development projects underway in the city, this property provides excellent potential. New owners could accommodate a workforce, lease to an executive company, further develop the accommodation, or explore new possibilities on the adjacent car park area. The sale includes the standalone hotel building and an adjacent 15-space carpark, offering significant flexibility for future plans.
Spanning three freehold titles, the combined land area is approximately 1,396m2:
• 295 Rattray Street: Freehold title, 933m2 (more or less)
• 295A Rattray Street: Freehold title, 9m2 (more or less)
• 10 Bishops Road: Freehold title, 454m2 (more or less)
Please note, this sale includes land and buildings only, not the hotel business. The vendors are registered for GST, so the sale will be plus GST (if any).
For further information or to request a full information memorandum, please don’t hesitate to contact us.
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