A1 Backpackers is a delightful period villa. Houses - don't they always say to put your money into property.
This gorgeous house is currently a Backpackers, a "working" hostel, with a great relationship with contractors around Hawkes Bay, some of whom have yearly contracts with A1 Backpackers for accommodating their workers.
There are options here, run the Backpackers and earn the income that comes with it.
Not for you? Put in a full-time manager and let your investment grow while still earning a smaller income, or turn this beauty back into a family home.
Price $685,000 including estimated stock value $1,000 and Freehold.
***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.