Link Business

Options galore for superior FHGC river front lodge

$690,000WhanganuiListing: #EL01361

About this business for sale in Whanganui

Options galore for superior FHGC river front lodge

Currently run as a backpackers/ lodge with an impressive turnover, the Tamara Riverside Lodge offers a number of excellent options for a new owner. You will absolutely love this spacious villa built in 1904.

Purchase options:
This lodge has a range of possible uses

  • With the general shortage in affordable housing nationwide, this home has HUGE potential as a very profitable boarding house
  • Large family home with very impressive income from the detached block of 4 units
  • Have you ever wanted to run a cooking school, artists’ retreat or yoga school?
  • Do you simply want to continue as a well-established lodge/superior backpackers?

For the past 25 years the current owners have chosen its purpose to be a superior standard of lodge within the backpacker category. The Tamara Riverside Lodge has evolved to be a place for its guests to return to.

Key Features

  • Impressive home with at least 14 bedrooms, a separate 4-unit block set on an established 1172m2 private section, with an impressive range of fruit trees
  • 2 very spacious lounges with extra high stud, fabulous panelled kauri ceilings & skirtings
  • Large, well equipped kitchen
  • Bay windows with wonderful river view
  • Curved staircase with decorative kauri balustrade

Configuration

Downstairs - 8x bedrooms:

  • 4x rooms (double/twin, single)
  • 1x family room, sleeps 5
  • 1x 4 bed dorm
  • 2x large double/triple with bay windows to river view

Upstairs - 6x bedrooms:

  • 6x double + single, very spacious, two with bay windows to stunning view of river
  • Bath & WC, 2x separate showers and further WC

Separate block:

  • 4x 1 bedroom units with en suites on separate water and power
  • Upstairs units with balcony over the garden

Owner’s Apartment:

  • 2x bedrooms
  • Large kitchen, separate dining with wonderful view over garden
  • Very spacious lounge with river views

Tamara Lodge offers style, serenity and space while still located in the heart of the city. Plenty of off-street parking and single garage.

Hawkes Bay & Central Plateau
gordon.fridge@linkbusiness.co.nz
+64 6 833 6636
+64 22 156 9330

Gordon Fridge

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*Profit: 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.