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Wanaka, 19 & 21 Russell Street

Central Wanaka Blue-Chip Opportunity

Price by Negotiation

Listing Number: WQ5124
About this listing
The Flying Kiwi Backpackers is an established, street-front, 40 bed accommodation business showing solid occupancy and good returns. Located downtown on a freehold land parcel comprising approximately 758sqm, the property also has consent for the use of six allocated car-parks.

With Wanaka experiencing a rapidly growing tourism market and high rental demand, the location of this property situated amongst central amenities gives many options to maximise the asset, including the purchase of neighbouring property at 19 Russell Street for further development possibilities.
The choice is yours - continue with its existing use, further develop, or clear the site and redesign from the ground up... what will you do?
Don't delay in acquiring a strong foothold within the Wanaka investment market. Call us today for further information.

Sold as a going concern. Price is plus gst (if any)
Property Information
  • Business Name: Flying Kiwi Backpackers
  • Legal Name: Wanaka Backpackers Ltd
  • Business hours
    • Monday: 8am-8pm
    • Tuesday: 8am-8pm
    • Wednesday: 8am-8pm
    • Thursday: 8am-8pm
    • Friday: 8am-8pm
    • Saturday: 8am-8pm
    • Sunday: 8am-8pm
  • Property Type: Other (Backpackers), Accommodation
  • Licenses and permits: Certificate of Compliance Fire Certificate
  • Opposition: 7 other backpackers
  • Number of staff
    • Full time: 2
    • Part time: 4

Contact Details

Wanaka

Highland Real Estate Group Ltd

Licensed REAA 2008

17 Helwick St
Wanaka
Office website

Property Location

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