SOLD
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West Coast Gold

72-74 High Street, Greymouth

•Multi-Income Powerhouse – Benefit from several established revenue streams, including a bustling sports bar, Liquorland bottle store, gaming lounge, and the popular Buccleugh’s on High restaurant plus 30 Accomodation units.

•Refurbished & Ready – Recently upgraded with fresh paint and new signage, the property offers a polished, modern look with strong street appeal.

•Onsite Living or Rental Option – Includes a spacious five-bedroom manager’s residence with private deck — perfect for live-in management or added rental income.

•Prime Foot Traffic Location – Situated on Greymouth’s busy High Street with dual street frontage and exposure to over 8,800 passing vehicles daily (NZTA, 2020).

•Exceptional Outdoor Flow – Two well-designed outdoor spaces enhance guest experience, ideal for casual dining, drinks, or events.

•Turnkey Hospitality Investment – Low-vacancy accommodation, commercial laundry, and ample parking/storage make this a seamless operational opportunity.

•Versatile & Established – A rare chance to secure a well-performing hospitality hub in a high-demand location with proven tenant appeal and long-term potential.

•One with nine single-level units (plus laundry and double garage), and the other offering 21 two-storey units — for a total of 30 well-appointed guest rooms.

Welcome to the iconic Recreational Hotel — a thriving hospitality hub proudly positioned on bustling High Street. This expansive freehold property is a rare gem, combining charm, scale, and functionality in one high-performing package.
The main two-storey hotel building exudes character, while two additional motel blocks add serious accommodation capacity.
Guests and locals alike are drawn to the property's standout amenities, including a modern and lively sports bar, a consistently booked-out restaurant, a successful liquor outlet, a popular gaming lounge, and a well-stocked bottle store.
Catering to both tour groups and independent travelers, the site’s generous layout features ample bus parking, dual street frontage, plentiful guest parking, storage sheds, and a commercial laundry facility. Directly across the road, you'll find community facilities, while a brand-new hospital just down the road adds further convenience and long-term value.
With the West Coast tourism industry booming, this strategically located property — right on the main trunk line — is primed to capture a growing share of the visitor market. Whether you're an investor or operator, the Recreational Hotel is a proven performer with untapped potential.

At Frank we take a proactive approach with Landlords, Buyers & Sellers, by understanding their needs and providing a range of suitable commercial property options.

We are a national agency providing prompt and personal service New Zealand wide. Our streamlined process means a better result for all parties involved.

With Frank, clients are better equipped to make an informed decision, streamlining the process for Landlords & Vendors.

We would enjoy the opportunity to work with you to find the property solution best suited for you.

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72-74 High Street, Greymouth
SOLD Sep 25
Office 
4,572 sqm approx.
1,600 sqm approx.  
Listing ID FRA105603

For Sale

SOLD Sep 25

Chris Harding

Director, Commercial Sales & Investments
Licensed under the REAA 2008

Frank Commercial

Unit 104
23 Edwin Street
Mount Eden
Auckland, 1024
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