Listing #:1562733703

Stunning location in Punakaiki FHGC

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Location: 2 Webb Street, Punakaiki, Buller, West Coast
Property use: Tourism
Floor area: 15-480m2
Price: Asking price $1,950,000
Property ID#: FMQ738
Parking: off street
We are offering our two separate properties as a freehold going concern business for sale.
Punakaiki Beach Hostel is located in Webb Street right on the sea front with superb views over the Tasman Sea and Pancake Rocks.
It can accommodate 24 guests in a combination of share, doubles and dorm rooms. An open plan living area offers shared kitchen facilities, lounge and dining area and bathroom facilities.
A Bedford House Truck fitted out as a double ensuite unit and the Sunset Cottage, also a separate ensuite unit with private veranda and Smart TV’s are both overlooking the bay and are a great feature on the property.

The reception and office is conveniently located in the owner’s accommodation building which is a separate building offering 2 bedrooms with open plan living, dining and kitchen facilities.

Te Hui House is located in Owen Street, just about 200m in the next street over from the Beach Hostel buildings. This property can accommodate another 20 guests. It also offers a combination of twin, doubles and dorm rooms. There is a shared open plan living, dining and kitchen area with balcony overlooking the Paparoa National Park upstairs and another kitchen and dining area on the ground floor.

There is significant scope to grow this business even further, given the tourism bus operators that stop in Punakaiki on a daily basis. We chose not to pursue this market and focused more on individual travellers and couples market.West Coast guest nights are increasing year by year. The Pancake Rocks are a major tourist destination and with the new Great Walk, the “Paparoa Track” opening late 2018 there is no better time to buy.
We chose to hand over this business to the right people after owning and managing this wonderful place since 1993 in a partnership of three parties. Time for us to move on, retire or focus on other projects.

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Asking price: $1,950,000
Listed: Fri 27 Oct, 10:22 pm
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