Dual Business Opportunity from $350K – Prime Cameron Road Location in Tauranga
Property Type: Backpackers
Sale Type: Business only
Region: Bay of Plenty
Physical Address: 102 Cameron Road, Tauranga
Price: Business Only - Price by Negotiation
Broker: Suresh Subramaniam
Mobile: +64 (0) 22 690 6475Email: suresh@tourismproperties.com
BUSINESSES PRICED TO SELL! $350k for Arty Apartments and $650k for Hello Accomodation.
Hello Accommodation Tauranga and Arty Apartments, located at prime Cameron Road locations in Tauranga is seeking new owners for these businesses. This is a business with a strong turnover and net operating profits. Both highly desirable accommodation businesses are situated in low-maintenance buildings in the city’s heart.
Hello Accommodation property features:
- 13 rooms made up of dorms and private rooms with shared bathroom facilities
- Generous shared bathroom facilities
- Fully equipped shared kitchen and dining area
- Laundry Facilities
- Lounge area with TV, computers, and printer
- Fully refurbished – Oct 2023
- Located at 102 Cameron Road, Tauranga
- 20 years left on the lease
ASKING PRICE $650,000 FOR HELLO ACCOMMODATION
Arty Apartments Accommodation property features:
- 3 Apartments made up of one, 5 bedroom apartment and two, 2 bedroom apartments
- Fully equipped shared kitchen, lounge, and dining area in each apartment
- Laundry Facilities
- Off-street parking
- Fully refurbished – Sep 2024
- Located at 356 Cameron Road, Tauranga
- 14 years left on the lease
ASKING PRICE $350,000 FOR ARTY APARTMENTS
Tauranga, which translates to “place of rest or anchorage” in Māori, offers lots of activities to keep you occupied in addition to a stunning harbour and breathtaking vistas that make it an ideal spot to unwind and rejuvenate. With 140,000 residents, Tauranga is the biggest city in the Coastal Bay of Plenty. Because the vast metropolis is nearly entirely encircled by water, residents spend their days swimming, diving, fishing, and taking in the breathtaking vistas from practically every angle.
Hello Accommodation was fully refurbished in September 2023 and rebranded to its current name after the business, formerly Aroha House, successfully ran as a backpacker hostel before Covid. During Covid, Aroha House took on MSD clients until September 2023 when the decision was made to return the property to a successful backpacker hostel. Arty Apartments has just been fully refurbished in October 2024 and ready for the new owners to make this a success!
The owner has operated these businesses successfully for 10 years and enjoyed good returns over the years, but is now ready to move on. Now that Tourists are well and truly back it is a great opportunity for someone to write the next chapter in Tauranga’s backpacker and Airbnb scene.
Opportunities like this do not come often. Call us now as this will sell fast!
For more information or to arrange your private viewing, please contact specialist Business Broker, Suresh Subramaniam, on 022 690 6475 or email mailto:suresh@tourismproperties.com.
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Arty Apartments Lease
Araty Apts Lease renewal
Hello Accommodation Lease
Property Details
Property Type
BackpackersSale Type
Business onlyRegion
Bay of PlentyPhysical Address
102 Cameron Road, TaurangaPrice
Business Only - Price by NegotiationContact Agents
Suresh Subramaniam
Tourism, Hospitality and Leisure Business BrokerWellington & Lower North Island
International: +64 (0) 22 690 6475
NZ Mobile: 022 690 6475
Email: suresh@tourismproperties.com