Backpacker Business, Land/Buildings or Redevelop?

The options are plentiful for this business and unique corner site. Well located close to Central Christchurch being only one block back from Fitzgerald Avenue, this versatile corner site with a favourable zoning is a rare find.

First option being a fantastic opportunity to purchase an established freehold going concern backpackers accommodation business with land and buildings included. With the borders now opening the tourism industry will once again be a flourishing industry, so be ahead of the demand.

Second option is land bank for future redevelopment and generate a passive holding income from the four separate dwellings totalling 870.16m2* on 3 titles on an "as is, where is" basis.

Third option, is redevelop the versatile 2,122m2 corner site now Zoned RMD (Residential Medium Density) it is ripe for redevelopment.

Any way you look at it, it is an ideal investment whichever option you decide.
(* approx.)

Call Paula Raine 027 221 4997 for an Information Pack and to book a viewing.

LEASED