Backpacker Business plus Freehold on 2362sqm - Two Titles

$2,495,000 plus GST (if any)TaurangaListing: #BPW00220


Tauranga  


$2,495,000 plus GST (if any)


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

Backpacker Business plus Freehold on 2362sqm - Two Titles


Investors, Developers and Backpacker Business buyers should register their interest in these two freehold properties currently operating as a successful Backpackers business in the heart of Tauranga, reputedly, the fastest growing city in NZ.

The adjoining properties occupy over 2000sqm, with residential values soaring this is a unique opportunity. Location is in a sought after suburb close to the city centre and great views of the waterfront. Gentle sloping land to the road frontage for one home and rear access to the second property. Both homes on their respective sections are north facing for sun and look to the harbour and Mauao at the Mount.

The business is to be sold for $195,000 with the freehold properties for $2.3million; a total asking price of $2,495,000 plus GST (if any). However, our Vendor will negotiate with a Purchaser who indicates interest in just one property only. The business may be attached or not.

In current ownership for six years the business has continued to blossom and there is a 21 bed backpacker consent in place attaching to one property. The second property has been prepared downstairs to accommodate 11 beds and the Owners 3 bedroom accommodation is upstairs.

An Information memorandum is available to genuine Buyers following a discussion with the Broker and completion of our LINK confidentiality agreement.



***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.

Bay of Plenty
howard.brown@linkbusiness.co.nz
+64 7 579 4994
+64 27 434 6900

Howard Brown

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.