Ruapehu freehold investment


9 Erua Road, Erua

Offers/Enquiries Over NZD $895,000 + GST (if any)

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Ruapehu freehold investment | 9 Erua Road, Erua | 2900253 |      X Close
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Ruapehu freehold investment


Here is your chance to acquire a freehold investment for under one million. This property contains The Crossing Backpackers which is well positioned between Whakapapa and Turoa ski areas as a base for adventure holiday makers. Ruapehu has a strong domestic tourism market and is proving popular as kiwis explore their country.

Included in the sale is the main lodge with unique style and it is well presented by the current tenants. A walk through the lodge will surprise and impress. It is a popular destination for school groups and those wanting an alpine getaway with handy access to both sides of Mount Ruapehu. In the summer it is an excellent base for hiking and biking adventures. A three-bedroom house accompanies the lodge for managers or owners to live in. Outbuildings include a three-bay garage and an additional barn.

The total land area of 9,403sqm (more or less) of rural land provides room for further development. Floor area is 1,048sqm (more or less).

The current lease expires in 2041, there may be opportunity to negotiate with the tenants should an owner operator wish to acquire this property. Gross rental is $52,000 plus GST plus outgoings with a rent review due in 2023.

This opportunity should appeal to an adventure seeker looking for a lifestyle business (home and income) or a commercial investor seeking a long-term investment, and possibly something where value can be added.

This property is part of the larger property which can be acquired as a whole, see bayleys/2900165

Offers invited over $895,000 plus GST (if any)

Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

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9 Erua Road, Erua

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Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

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