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Property Ref: 29820

Well-Established Backpackers For Sale In Bay of Plenty

Property Type: Backpackers

Sale Type: Leasehold Interest (Business)

Region: Bay of Plenty

Physical Address: Rotorua

Price: LEASEHOLD INTEREST BUSINESS FOR SALE, $747,500 +GST (if any)

Broker: Kamal Sharma

Mobile: +64 22 0515 782

Email: kamal@tourismproperties.com

Upmarket Backpacker Business in heart of Rotorua’s CBD.

Here is a fantastic opportunity to grab this unique opportunity. The business has traded very well before the COVID19 border closure and this Bay of Plenty business still gets lots of support from domestic tourism.

Moreover, the current Vendor gets excellent support from group bookings.

This backpacker caters to the high-end market and very well maintained throughout. Currently, this business is fully managed and the working owners could reap more rewards.

Good long lease in place.

ON OFFER

  • Total no of Rooms 36 with a variety of bedding configurations.
  • Total bedding configurations are 107 in the main complex and 44 in the brand new group area
  • Separate entrance for the group area. Ideal for school groups, large groups, and more
  • Some Vendor finance options available-Conditions apply-Please speak to the Business Broker

This business offers a tour desk for local expertise of natural geothermal features, Māori culture, and tourism hot spots and can book many activities and tours for guests.

FEATURES INCLUDE

  • Free Wi-Fi, Luggage and Bike Storage, guest phones and computers, books exchange corner, guitar, pool table, table tennis, and DVD’S
  • Very well equipped communal kitchen, lounge facilities, and ablution block
  • The only hostel in Rotorua with the view of a 20m high rock climbing wall showcased right from the guest lounge
  • There is also Basement Cinema complete with a bar that compliments this backpacker business
  • Great ratings as per Trip Advisor
  • Good support from group bookings and caters to schools and larger groups
  • Vendor willing to support the new owner’s, full training and guidance will be provided
  • 5 car/bus park on-site

IN THE AREA

Rotorua, a town set on its namesake lake on New Zealand’s North Island, is renowned for its geothermal activity and Maori culture. In Te Puia’s Whakarewarewa Valley, there are bubbling mud pools and the 30m-tall Pohutu Geyser, which erupts many times daily. It’s also home to a living Maori village and the New Zealand Maori Arts and Crafts Institute, with traditional wood carving and weaving schools.

Rock Solid Backpackers is very central, a few steps from Tutanekai Street, packed with high-street shops, cafés, Eat Streat with bars and restaurants, and each Thursday there is a  weekly Night Market here.

The Rotorua iSite, Government Gardens, Arts Village, Lakefront, Kuirau Park, Polynesian Spa, and local Supermarkets are all within 10 minutes walk from the hostel.  Rotorua Airport is 15 minutes by car. Public on-street metered parking is available, with free parking areas just two blocks away.

Our hosts offer local expertise of natural geothermal features, Māori culture, and tourism hot spots and can book many activities and tours for you at our Tour Desk.

IMPORTANT NOTE: viewings are strictly by appointment only, please contact the Business Broker in order to arrange a viewing.

For more information or to arrange your private viewing, please contact  Sole agent-Business Broker, Kamal Sharma, on 022 0515782 or email kamal@tourismproperties.com.

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29820: Well-Established Backpackers For Sale In Bay of Plenty - Lease

29820: Well-Established Backpackers For Sale In Bay of Plenty - Deed of Variation of Lease

29820: Well-Established Backpackers For Sale In Bay of Plenty - Assignment Of Lease

29820: Well-Established Backpackers For Sale In Bay of Plenty - Financials Year end 2018, 2019 and 2020

29820: Well-Established Backpackers For Sale In Bay of Plenty - Floor Plan

29820: Well-Established Backpackers For Sale In Bay of Plenty - Level 2,3 and 4 Layout

29820: Well-Established Backpackers For Sale In Bay of Plenty - Rooms Breakdown

29820: Well-Established Backpackers For Sale In Bay of Plenty - Rates for 2020-2021

29820:Well -Established Backpackers For Sale In Bay of Plenty-Inventory List

Property Details

Property Type

Backpackers

Sale Type

Leasehold Interest (Business)

Region

Bay of Plenty

Physical Address

Rotorua

Price

LEASEHOLD INTEREST BUSINESS FOR SALE, $747,500 +GST (if any)

Contact Agents

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Kamal Sharma

Tourism, Hospitality & Leisure Business Broker
Whole of the North Island
International: +64 22 0515 782
NZ Mobile: 022 0515 782

Email: kamal@tourismproperties.com

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