Ad ID: 52756 Inactive
Backpackers Business for Sale Greymouth
A Great Buy with Excellent Returns
Freehold Building on Long Term Leasehold Land $479,000
Business for Sale Description
Backpackers Business for Sale GreymouthThis is an opportunity to purchase a very profitable backpackers business. It is brilliantly located in central Greymouth and close to all amenities. The backpacker industry is enjoying strong growth both in domestic and international tourism. This property is very well positioned to take full advantage of this.
This 50 bed backpackers, has been converted from an existing historic hotel and incorporates two other potential profit centres. The present owners have refurbished to a high standard and the property is very well presented.
Owners accommodation is provided by way of a renovated three-bedroom unit within the premises, with separate living area.
You would own the buildings, with a small rental on the long-term leasehold land.
The current operators choose to close for three months of the year to travel overseas, so further upside potential exists. The vendors are motivated to sell and provide this opportunity to purchase a freehold building in the price range of the average motel lease. Hard to find better at this price.
We would welcome your enquiry on the Freehold Building on Long Term Leasehold Land at $479,000 on this backpackers for sale in Greymouth via this website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.