Ad ID: 66352

Backpackers for Sale Blenheim

Freehold Investment, Marlborough

Location:
Asking:
$895,000

Business for Sale Description

Backpackers for Sale Blenheim

ACT NOW ... Freehold investments (land and buildings only) rarely come to market.

Reasons to purchase

New 10 year lease with two 5 year rights of renewal

Net rent of $70,000 p.a representing a yield of 7.8% (approx)

The asking price includes chattels

Conveniently located off state highway 1

Swampys is a backpackers business located on a major tourist route in the popular Marlborough region and caters for up to 30 guests with 6 bedrooms and shared facilities. There is ample off-street parking for guests.

Location

Swampys is conveniently located on the main highway, midway between Blenheim and Picton in the Marlborough at the top of the South Island of NZ. Marlborough is well known as a centre of New Zealand's wine industry and is a significant tourist destination.

NZ Backpacker Segment

​The backpacker segment, represents approximately 11% of NZ’s holiday arrivals and visitor spend – making it a valuable visitor segment for New Zealand.

The value of the backpacker goes far beyond arrivals and expenditure. The backpacker traveller travels widely amongst different regions and gets involved in a range of activities, meaning they are likely to spend more while they are here. The backpacker segment also travels throughout the year and presents a strong opportunity to grow shoulder season arrivals.

In recognition of how influential this market is, Tourism New Zealand has a specialist team that leads investment in backpacker-specific marketing communications, PR activity and partnerships alongside Tourism New Zealand’s off-shore teams as well as the backpacker focused travel industry.

Sources: Tourism NZ, April 2016. CITM 2016

Reference: EL00825

Interested In This Opportunity?

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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)
REAA 2008
Broker Ref: EL00825

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