27 Hewlings Street, Geraldine, Timaru

Perfect timing, Geraldine freehold accommodation

• Freehold title
• Land, buildings, chattels and intellectual property
• Residential zone, large site
• Boutique township on the busy tourist route through central South Island
• Ideally located for guests to explore Geraldine
• Current Building Warrant of Fitness

With the reopening of our international borders this represents an opportune time to acquire an existing backpacker accommodation property. Ideal entry level or an addition to your current portfolio.

'Rawhiti House', on a residential zoned 4,388sqm (more or less) section, built in 1924, and is filled with history and character in the heart of Geraldine.

Currently operating as backpacker accommodation, with a mix of short-term and longer-term guests. This business strategy could continue as tourism recovers alongside the regular influx of seasonal agricultural based workers to the region. There is also possibility to establish a different business or to subdivide (both subject to appropriate consent). It was previously an aged care facility and originally a maternity home.

The current owners' comfortable accommodation is within the building and has a lounge, bedroom and ensuite. In addition to this there are eight bedrooms which accommodate up to twenty guests, large lounge area with a heat pump, two kitchens, four showers, four toilets and two laundries. Some of the many features include diesel heated radiators in every room, solar hot water, storage sheds and plenty of parking. An extensive chattel list is available upon request.

Geraldine is a vibrant boutique town where tourists want to stop, stay, relax and enjoy all that is on offer. Being the gateway to the Mackenzie Country and Queenstown ensures a high traffic flow through the area.

With so much on offer viewing is highly recommended so contact us now if you would like more information, arrange a private viewing or to register your interest. To view the property files please visit: http://www.propertyfiles.co.nz/property/5518006

Note, this is for sale with a freehold title and is plus GST (if any).