Listing #:1247567163

Historic Building Presented As A 90 Bed Hostel

Location: Buller, West Coast
This historic building started its life in 1863 and has developed through a series of owners to a magnificently presented 90 bed hostel. Aggressive marketing and contracts with the YHA (Youth Hostel Association) and Stray Travel (3 buses per week in the winter and 6 buses per week in the summer) ensuring that the occupancy levels are constantly growing.

A combination of dormitory beds and private rooms with ensuites gives the operators the opportunity to cover a wide range of accommodation requirements. The facilities are all presented to the very highest of standards and modern chattels and a new ablution block further enhance the building.

Westport is very well located on the West Coast and many travellers end up here at the end of a day of travel whether it be from North, South or East. It is therefore a good base from which to explore the scenically beautiful West Coast with its many tourist attractions.

The revenue has risen consistently and strongly from 2014 to 2016, so if you want to get into a growing hospitality market this opportunity is well worth investigation.

We would welcome your enquiry on the Land, Buildings & Business at $1,399,000 of this hostel for sale in Westport via this website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.

Agency reference #: 3417
Asking price: $1,399,000
Listed: Mon 23 Jan, 12:16 pm
Inky Stove
Coffeys Tourism Property Brokers Ltd
  • Contact Details
  •  (03) 5500471
  •  (021) 1826940

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Agent's details

Inky Stove
  •  (03) 5500471
  •  (021) 1826940
Coffeys Tourism Property Brokers Ltd
(03) 3669040

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