GREYMOUTH: Significant Price Reduction. Vendor Has Young Family & Wishes to Move On. $495,000.

Here is an opportunity to take part in the thriving West Coast tourism trade.  The backpacker industry enjoys continuous growth both in domestic and international tourism.  This property is brilliantly located to take full advantage of this.

This 50 bed backpackers property, 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.  Location is brilliant, in the heart of town just a “stone’s throw” from most amenities.

Owners accommodation is provided by way of a renovated three bedroom unit within the premises, with separate living area.

The current operators choose to close for three months of the year so obvious potential exists.  With their young family now growing, the operators are looking for a change of direction and provide this opportunity to purchase a freehold building in the price range of the average motel lease.  Hard to find better for $495,000.

We would welcome your enquiry on this backpackers for sale in Greymouth via this website or by phoning KELVYN COFFEY on 03 550 0459 or 027 432 0565.