Derek Anderson Christchurch Heritage Ltd., Christchurch Heritage Trust, Chair
The Economics of Heritage – The Excelsior Hotel
Listen to this storyI said, “We’ll buy your building if you rent downstairs, and give us $80,000 per year and we get the upstairs for free…” I put a backpacker up there with 108 beds and we got $135,000 per year rent!
Derek Anderson
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Image: Aden Shillito -
Image Courtesy of Derek Anderson -
Image: Aden Shillito -
Image: Aden Shillito -
Image: Aden Shillito
Building information
The Excelsior Hotel120 Manchester Street
Architect: William Barnett Armson
Date: c. 1881 – 1882
Category 1 historic place