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Accommodation or Redevelopment in Prime Location

33 Main Street, Blenheim Central

Hotel Motel Leisure
dollar

$1,250,000 Plus GST (if any)

Floor area
467m2
Land area
1012m2
Title type
Freehold
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Property details

Listing # MAR10413 | Listed on 13 April 2022

Superbly situated Koanui Lodge and Backpackers is located just 500 metres from central Blenheim on 1,012 sqm of prime industrial land and offers 42 RSE compliant bed spaces for seasonal workers or up to 55 beds for backpackers.

With entrances off both Main Street and Park Terrace and eight legal off-street carparks, this property offers endless opportunities to continue operating as an easily managed accommodation venue or a potential redevelopment site.

Koanui currently provides accommodation for RSE vineyard and winery workers through various contractors. With the increase in workers required to meet the demands of the growing wine industry, it is expected the demand for RSE bed spaces will also continue to increase.

Offering a healthy return on investment this property will appeal to any astute buyer wishing to diversify their portfolio.

(Boundary lines are indicative only.)

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