• Dusky Lodge Backpacker property on State Highway 1
• This freehold property is a rare opportunity and often sought after
• Fully leased until 2034
• A great 'buy and hold' site for long term investment
Astute investors will welcome this opportunity to secure the largest backpacker accommodation property in Kaikoura, in an ideal location on State Highway 1. There is a lease in place until 2034 to very reliable tenants, Dusky Lodge Backpackers. This business offers sought after budget accommodation for travelers and tours that require large groups to stay together in one location, particularly in a seaside town.
Large premises, well laid out in an ideal location for walking to Kaikoura CBD. Popular with large groups, tours such as schools, sport and fishing trips, as well as the busy tourist market for the travellers wanting to Whale Watch and Dolphin swim whilst visiting Kaikoura, on their way North and South.
Between Blenheim and Christchurch, the property is on State Highway 1. Blenheim is approximately 90 minutes away and Christchurch approximately 2 hours.
Established over 25 years ago, the business is fully licensed for 130 people.
The business is also available for purchase. www.bayleys.co.nz/55148866
For sale by way of a Deadline Sale
2pm, Friday, 20th August 2021
33 Seymour Street, Blenheim