Picton Backpackers Accommodation Business
Backpackers / Hostel
ActiveHospitality & TourismMarlboroughB2C
Asking price
$1,800,000
Disclosed · NZD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
- A residence plus a thriving backpackers accommodation business in the heart of Picton's CBD, on a sunny 1,399 sqm site with two commercial properties (B2C).
- Operating as affordable accommodation for decades and soon to be part of the refreshed national YHA chain; main villa built 1904, cottage 1920s.
- 15 guest rooms ranging from ensuites to bunkrooms, plus staff quarters; interior refurbishment almost complete.
- Strategically positioned for rising international visitors (near the Interislander ferry, Link Pathway and Whale Trail); offers over $1,800,000.
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