Ad ID: 64915

Cosy Kiwi B&B for Sale Southland

Cosy Kiwi B&B in Te Anau.

Location:
Asking:
$1,150,000

Business for Sale Description

Cosy Kiwi B&B for Sale Southland

The Cosy Kiwi Bed & Breakfast is for sale as a FHGC. It is a purpose built backpackers that was constructed in 1998 and is located in the picturesque town of Te Anau. Te Anau is the gateway to Fiordland National Park and home of the world renowned Milford and Kepler Tracks.

The complex comprises of 7 bedrooms (with en-suites), a breakfast room for up to 16 guests and a guest lounge. The owner's accommodation comprises of 4 bedrooms, with open plan living. The property is beautifully presented and very well maintained, with double glazed windows throughout. The owners have recently repainted the whole exterior, including the roof, re-clad the fence, and laid new vinyl tiles in reception and downstairs kitchen area. There is off street parking for all vehicles, plus a double attached garage with internal access for the owners.

This business operates efficiently and is showing excellent returns. It is a perfect 'walk-in and manage' opportunity. Sales over the last 2 years have grown steadily and for 2017 growth is approximately 20% greater than it was in 2106.

The Cosy Kiwi is centrally located in Te Anau, within 10 minutes’ walk to the lake front.

Te Anau

​Te Anau is situated an approximate 2.5 hours’ drive from Queenstown. Te Anau is the closest lodging destination for trips and tours to Milford Sound / Doubtful Sound Cruises and the Glow Worm Caves. Activities around Te Anau include kayaking, walking tracks, hiking, fishing, sightseeing and golf.

Reference: EL01063

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Link Business Broking Ltd
For more info
Contact:

Jono Jarvis

+64 9 579 9226 or +64 21 177 9760
Phone: Jono Jarvis or +64 21 177 9760
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL01063

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