Colliers in conjunction with JLL are proud to exclusively present The Rutherford Hotel - the largest hotel in the top of the South Island, New Zealand. Offered for the first time in 35 years, this is a once-in-a-generation opportunity to acquire an iconic hospitality asset with an irreplaceable market position built over five decades.
Built in 1971 on the historic Nelson Brewery site and rising nine storeys above Nelson's city centre, The Rutherford Hotel has stood as an enduring landmark and cornerstone of the region's hospitality sector. With 113 guest rooms, comprehensive conference facilities accommodating up to 700 delegates, and full food and beverage operations, the property commands unmatched scale that no competitor can replicate.
The freehold going concern benefits from Nelson's position as the gateway to Abel Tasman and Kahurangi National Parks, a diverse regional economy, and exceptional connectivity through New Zealand's fifth-busiest airport. The region captured $392 million in tourism expenditure for the year ending March 2025, with Nelson's hospitality sector sales growing 15.1% - one of the strongest results nationally.
Key Investment Highlights:
- The largest accommodation provider in the Top of the South with 113 rooms and market leading conference facilities.
- Held in the same ownership since 1991
- Minimal new hotel supply forecast, with build costs inhibiting greenfield developments
- Central Nelson CBD position benefiting from "Te Ara ō Whakatū" 30-year urban revitalisation plan
- Approximately 6,000 sqm of freehold land (subject to final measure) with 16,450 sqm building area (approximately), providing immediate cash flow
A 100% freehold interest is for sale via Expressions of Interest closing 4:00pm Wednesday 17 June 2026, NZST (unless sold prior)
Please contact the exclusive listing agents for further information.
