Rotorua FHGC Backpackers, 60 Beds in 17 Units

Rotorua, Rotorua


Proposed Usage
Tourism & Hospitality
Property ID

A Freehold Going Concern (FHGC) Backpackers in Rotorua has been introduced to the market after years of operation. Due to personal issues, the owners are demanding a quick sale, so that they will consider any reasonable offers.
• Floor area over 450sqm dwelling on a flat section over 3000sqm
• Approx 60 bed spaces (including bulk beds, singles and doubles) in 17 units
• Additional storage unit that could be used for accommodation
• 3 bedroom owner's accommodation with own backyard
• Large common room with TV, computers and other facilities shared by guests
• Decent sized kitchen with dining area
• Good online ratings, over 8/10 on and 4.5/5 on Tripadvisor
• Big parking lot, can fit tour buses or coaches
• 2 minutes drive to Rotorua city centre, Polynesian Spa and lakeside

Asking price of $1,600,000 plus GST (if any) includes land, building and business.
The estimated annual market rent for the property is approximately $100K plus GST.

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***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

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