6 Glenside Crescent, Grafton, Auckland

CBD Fringe Accommodation Investment with Upside

- Freehold accommodation investment trading as iconic 'Grafton Backpackers'
- Comprises 30 rooms with license for 120 occupants
- North facing CBD fringe position with extensive CBD and water views
- Extensively refurbished and upgraded and with 150% NBS seismic rating
- Opportunity for a range of accommodation providers and investors

A rare chance to purchase a high quality inner city accommodation investment. The property currently operates as a successful backpackers, which is currently configured into 30 rooms and licensed for 120 occupants over three levels. No expense has been spared in upgrading the property which includes a number of attractive common areas and a large car park / warehouse on the ground floor.

Numerous potential add value opportunities are available including increasing the number of beds, renting the warehouse tenancy or generating signage income.

Take advantage of the borders opening to maximise the existing accommodation business or tailor the property for your alternative use - the choice is yours.

Call now for further information.