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Prime Queenstown CBD Premise Available Now! For Sale

Queenstown, Otago
Asking Price:
$625,000 (NZD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Amazing opportunity in heart of the Queenstown CBD! • All the hard work has already been done • Long lease in place!!!

This prime ground floor 120m2 premises situated at 53 Shotover Street in downtown Queenstown CBD offers a 13.5 year lease if all 5 year rights of renewal are exercised.

The premises features an awesome layout, toilets, bar, dance floor and seating arrangements plus an outdoor deck overlooking Shotover Street.

The very new expensive fit out allows a new business owner to put their own concept into these premises, with not a dollar to spend.

A reasonable rent of $50,000 plus GST pa and OPEX allows a new owner to create a great theme bar right in the entertainment prescient of the busy Queenstown CBD.

The business use under the lease is currently “Licensed Bar and related usage”, however the premises has been used for other business uses and an approach to the landlord for a change of use is possible.

Brokers comment: The amazing location and incredible new fit out, make this the perfect opportunity for someone with a history in hospitality to come in and set up a very highly profitable bar in the heart of the Queentown night life.
This is an opportunity that should not be missed! Don't delay, this one won't last long!

Queenstown is the Southern Hemisphere’s premier four season lake and alpine resort!

Queenstown’s stunning scenery, huge range of activities and renowned warm welcome cement its reputation as New Zealand’s favourite visitor destination. Surrounded by majestic mountains and set on the shores of crystal clear Lake Wakatipu, the natural beauty and the unique energy of the region create the perfect backdrop for a holiday full of adventure, exploration or relaxation.

Over 2 million visitors are drawn to Queenstown each year, including adventurers, filmmakers, wine enthusiasts, Hollywood and Bollywood stars and US Presidents to enjoy their own unforgettable travel experience. Visitors come to experience our unique scenery, search for adventure, seek out relaxation and rejuvenation, or to just breathe our pure mountain air.

The Queenstown region is world-famous for adventure and is the birthplace of many iconic activities including commercial bungy jumping and jetboating. Other activities guaranteed to get your blood pumping include white water rafting, ziplining, 4x4 off-roading, snowsports, paragliding and skydiving. The region is also home to plenty of hiking and biking trails, guided tours, family activities, boat cruises, scenic flights or spa and wellness centres.

Central Queenstown is a sophisticated town with a fantastic choice of restaurants, a lively bar scene and excellent shopping. The picturesque town sits on the edge of Lake Wakatipu and you’ll experience a unique energy and atmosphere all year-round.

Source: Destination Queenstown, NZ.

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