Podium Lodge, Cambridge - SOLD

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Sold for 8,000,000 NZD Date of Sale: November 2023
Rooms: 40
Price Per Room: 200,000 NZD
Property Id : 41181

Sold – Podium Lodge, New Zealand

Bayleys are pleased to have sold Podium Lodge in Cambridge New Zealand.

Podium Lodge is a unique accommodation experience in Cambridge, inspired by the design of an Olympic Village. Perfect for sports teams, school groups, families, corporates, and independent travellers, this exceptional property has been sold as a freehold going concern with a lease back to the current owners.

The property is on a level site of 4.6 acres (more or less) and has a floor area of 984sqm (approximately). Its prime location, just under 1km from the International Velodrome and 3km from Cambridge.

Featuring 24 spacious studio apartments and six two-bedroom apartments, each with a kitchenette, Podium Lodge ensures guests enjoy the highest standard of comfort. Additionally, there is a dormitory with four rooms, two shared lounges, a large kitchen, and separate bathroom facilities. Large common areas, guest laundry, and undeveloped land complete this accommodation complex.

For more information about the sale of Podium Lodge please contact Wayne Keene or Steve Pett from Bayleys.

Wayne Keene

National Director Hotels, Tourism & Leisure
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