The freehold land, building and business is available for sale.
This property offers the next owner multiple options on such a strategic site.
The property is currently run as a 20 room (60-72 bed) backpackers hostel but could be renovated to something very special.
The existing business has huge upside with some hands on management or simply give the building a new life.
The property does require some future seismic upgrades however you have time consider the options.
The surrounding environment supports upmarket long or short stay accommodation.
Contact us today for further information or to arrange a private inspection.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/6MacDonaldCrescent
• Location - Minutes to Victoria University and the CBD
• Lease structure - The property can be sold with vacant possession
• Floor area - Approx. 600sqm over 3 levels
• Opportunity - Either retain as the existing use or stamp your mark