A grand old lady in waiting!

11 Kings Road, Paihia

By Negotiation

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A grand old lady in waiting! | 11 Kings Road, Paihia | 1002079 |      X Close

A grand old lady in waiting!

This is an exciting home and income opportunity - after 17 happy years with her current owners, the Mousetrap is ready and waiting for a new adventure. She's open to all sorts of ideas for the future, just waiting for right one to come along.

Kings Road is the heart of Paihia's backpacking community, so maintaining the status quo is a start - a popular and successful backpackers' lodge, with occupancy steady throughout the winter and summer forward bookings looking good. Easily managed by a couple, it sleeps up to 35 guests and 4 staff, with three well equipped kitchens, large, clean bathrooms and two good sized lounges.

What a place to live - a home and income package just 70 metres from the sea.

Sitting on 1100sqm of commercial land, the zoning means the property is ripe for investment and/or development.

Add in the sea views from the top deck and you start to see the potential.

You could convert the existing structure to roomy apartments over all three levels, either to keep those backpackers happy, or to secure them as permanent residential homes.

The front half of the land is vacant - a developer's dream. The possibilities are as extensive as your own imagination - either as an extension of the existing building or a whole new build.

Paihia's Mousetrap - opportunity is not just knocking; opportunity is flinging the doors wide open!

Call or email to arrange a viewing and discuss the vendor's expectations with Nicki.

11 Kings Road, Paihia

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