Kiwi House Backpackers - Freehold Going Concern

373 Gloucester Street, Linwood

Listing ID HHC4116

Offered for Urgent Sale by Auction
This well established and profitable business includes 2 purpose built freehold properties located just a stone throw apart. Both properties have excellent security systems including CCTV and pass code access.
Site 1: 357 Hereford St is a modern 2 level complex with 11 rooms and 36 beds. It includes reception / office, kitchen, dining, lounge, toilet and bathroom amenities plus a 2 – 3 bedroom manager’s flat. Land area is 639 sqm.
Site 2: 373 Gloucester St is a modern 2 level complex with 34 rooms and 66 beds. It includes reception / office, kitchen, dining, lounge, toilet and bathroom amenities plus a self-contained manager’s studio flat. Land area is 1,011 sqm.
This is a successful business offering short or long term budget accommodation with options from single rooms to dorms. It’s located just to the east of the CBD and has a solid reputation with great reviews on sites such as Trip Advisor.
Must sell – call today for a comprehensive Information Pack

Services include 24 hour access, Broadband WiFi, free lock up parking, rental bikes, disabled access, copy / fax service and a clean and friendly environment.
Both properties and the business are offered as a single lot for sale by for Auction. Vendor would split the business and sell each property separately if not sold on auction day.

Vendors instructions are clear – this must be sold.

Auction Wednesday 3rd July, 10:00am
Holmwood Auction Rooms
397 – 399 Ilam Road, Ilam (unless sold prior).

Features

Business Name Kiwi House Backpackers
Business description Backpacker Accommodation
Property Type Accommodation
Leased plant Eftpos

Phil Holt

+64 274 330 319

142 Sherborne Street
St Albans
Christchurch

Ryoko Nishida

+64 27 416 0230

175 Papanui Road
Merivale
Christchurch

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