Backpacker Accommodation with Home, Picton
Backpackers / Hostel
ActiveHospitality & TourismMarlboroughB2C
Asking price
$1,800,000
Disclosed · NZD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property
Brief
- Two commercial buildings on one site in Picton's CBD, a main 1904 villa and a 1920s cottage
- 15 guest rooms from ensuites to bunkrooms, plus staff quarters
- Recently refurbished internally, with external work ongoing and a builder's report available
- Soon to join the YHA network; close to the Interislander ferry terminal and the Queen Charlotte Track
- Current owners have run it for close to three decades and are retiring
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