A Large Modernised Backpackers with Benefits

A vibrant hostel/hotel in the Central Business area of Greymouth.
This business is currently being run as a hostel, where convenience meets comfort and community.
A hostel/hotel with a unique blend of vintage elegance, modern comfort, offering a truly unforgettable stay. Transport yourself into this bygone era, step in the footsteps of history and experience the nostalgia of yesteryear.
A 21 bedroom centrally situated accommodation outlet. Has gone from strength to strength with an enormous amount of renovation and upgrading throughout.
Being two storeys with the bottom floor home to the reception area, shared well equipped guest kitchen, guest lounge and combined dining room complete with loads of history regarding this establishment. The fully licensed bar is located on this floor as well as a vacant store which may also become a boutique store specialising in authentic coffees, decadent ice creams or desserts or even that speciality store. Loads of storage on this level as well just waiting on redevelopment to utilise this floor to its maximum potential.
The top floor is all the accommodation where much renovation has been carried out bringing the rooms into the modern day. Units include double rooms with vanities, some units are twin, some have ensuites as well family units. The managers three-bedroom unit is also on this level with open plan kitchen dining. Also on this level is the laundry, several bathrooms and west facing deck to take in the wonderful sunsets and more.
A truly well-established business that is successful. This business has so much potential to diversify into several hospitality venues.
This property is on a Mawhera Incorporation lease where there is a lease agreement in place.
Price $ 439,000 Plus GST (if any)