hostel for sale in turangi, new zealand. next to lord of the rings' mount doom!

Offering a superb 16 year lease with fixed rent until 2019 this humming start-up business has potential written all over it and then some.

Situated close to the river, within sight of the town centre, swimming pools and bus stops, this venture is positioned slap-bang in the middle of all activity but still close enough to the quieter attributes of the area. Turangi is hugely popular due to its close proximity to Mt. Tongariro, which is mount doom in Lord of the rings!

Comprised of a mixture of dormitory-style and private rooms catering for up to 22 persons, there's even tent sites with further possible income achievable by converting the managers accommodation into another dormitory.

The business has had exceptional results since December. Guests have rated Lazy Dog so highly that we are now considered the premier hostel for backpackers not only in Turangi, but also compared to neighbouring Taupo. It will only get busier next year as the entry into the best-selling BBH guidebook takes hold and opens you up to thousands more potential guests.

And then there's the winter business too with the upcoming ski season followed by the serious trout fishing months of August and September. Add even further income into the pool by running your own transport to the mountain.

NZ$55,000 or near offer. Includes all chattels and vehicle (2003 Holden rodeo Ute)

PM me for more info :)