Premier Business and Building Opportunity

Built-in 1904, this property, designed by renowned architect J.L. Salmond, originally served as the Chalet Hospital. Praised for its exceptional design, the building features coloured and tuck-pointed brickwork, bold cornices, and intricate moulded brick ornamentation. The hospital boasted a large balcony facing Graham Street, a balcony and veranda on the north side, and a roof adorned with Marseilles tiles and ornamental cresting.

Post-1991, the building transformed into backpacker accommodation, blending historical charm with modern functionality. It offers stunning harbour views from many of its rooms, making it an attractive commercial property.

Situated just two blocks from the central business district, Chalet Backpackers is within walking distance of top tourist activities, shops, and cafes, with commanding views over the Otago Harbour.

The hostel attracts a diverse range of guests, primarily from overseas and within the 18-30 age group. Domestic guests often visit for weekend getaways, city events, and school trips. It also serves as economical long-term accommodation for some Dunedin contract workers.

Chalet Backpackers offers amenities like a tour desk, garden courtyard, shared lounge, entertainment room, well-equipped kitchen, and library. It features luggage storage, non-smoking rooms, secure and spacious rooms, 24-hour access with door code lock, CCTV security, and free Wi-Fi.

The business can be operated with one full-time person and one part-time staff member, ensuring smooth and personal service for all guests.

This property represents a unique opportunity to own a piece of Dunedin's history while benefiting from its prime commercial zoning and proximity to the CBD. Whether envisioned as a boutique hotel, a large commercial office space, or continuing as backpacker accommodation, 296 High Street offers endless possibilities.

Don't miss this chance to invest in Dunedin's vibrant and historic real estate market

Viewings by appointment

Agency reference #: 1448589