A Well Established, High Profile Asset With Strong Brand Recognition

A rare opportunity in the market, the uniquely positioned King Solomon Hotel is being offered for sale for the first time in eighteen years. The current owner’s decision to retire has created the perfect opportunity to pick up a prime property that may never come on the market again.

The King Solomon Hotel boasts consistently outstanding occupancy levels and online reviews. Perennially ranking as one of the leading hotels on Trip Advisor reviews for Honiara, the extensive property is near perfectly situated in Honiara’s Central Business District nestled only metres away between the Australian High Commission and the National Parliament of the Solomon Islands.

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PLEASE NOTE:  Upon review and vetting of interested parties. A Non-Disclosure Agreement will be provided and must be submitted.  At that point, prospective buyers may view further property and operational details via our secure online portal.   

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Monetised Opportunity at Every Turn

Multiple income assets on the premises include all the following premier establishments:

  • A Pub
  • Beer Garden
  • Café
  • Restaurant
  • 76 Long-Term and Short-Term Accommodation Apartments.
  • Cocktail Bar
  • Gift Shop
  • Takeaway Pizza Business
  • Night Club
  • Multiple Conference Centres

Guests and Visitors Can Also Access

  • Fully licensed Night Club with liquor license (Operating: 10am to 2am Monday to Saturday)
  • Restaurant, Publican with residential liquor license (Operating: 10am to 11pm Monday to Sunday)
  • Resort style facilities including a landscaped swimming pool and a bamboo tiki bar ideal for poolside events.
  • Rare and unique Cable Car Lift (An Iconic Tourist Attraction)
  • Fully equipped gymnasium overlooking the swimming pool

Because Lot Size Matters

The full property is comprised of six blocks with extensive street frontage (87.7m) along Hibiscus Avenue in Honiara’s CBD and nightlife precinct.

  • Property 1 – 743m2
  • Property 2 – 843m2
  • Property 3 – 1023m2
  • Property 4 – 1943m2
  • Property 5 – 1037m2
  • Property 6 – 844m2

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To Interested Parties

The seller reserves its right to do any of the following:

  • Reject any tender even if it is the highest tender.
  • Negotiate with any tenderer and exclude other tenderers,
  • Re-advertise for tenders
  • Ignore irregularities in the tender offer or process
  • Refuse giving any reason for declining or rejecting any tender and/or
  • Extend the closing time and closing date and/or the acceptance time and the acceptance date.