71 Stafford Street, City Centre, Dunedin, Otago

Asking price $1,150,000, plus GST (if any) Located on Stafford Street, this hostel offers unbeatable convenience, with easy access to popular tourist attractions, restaurants, and public transportation. Its prime location makes it an ideal choice for travellers seeking affordable accommodation. Step into a unique opportunity to own this historical building (Heritage New Zealand Category: 2), perfectly suited for future growth.

Features (Chattels included, ready for you to take over and start operating):

• Reception & baggage storage room
• 24 bedrooms, including a spacious one-bedroom apartment and a two-bedroom apartment (Maximum occupants allowed: 72)
• 4 kitchens (2 communal + 2 in apartments)
• 2 communal dining rooms
• 1 spacious lounge
• 10 showers and 11 toilets
• 2 laundry rooms
• Rooftop / outdoor sitting area with harbour view
• Spacious courtyard
• 5 on-site carparks for guests

This hostel offers exceptional potential for upgrades and business expansions, providing the perfect opportunity to bring your ideas to life. Whether you’re looking to modernize, renovate, or make other improvements, this property is the ideal platform to make your vision a reality.

Photos provided by the vendor are available upon request.