Blackball Boutique Accommodation

Business Opportunity:
This property was purchased with the intent to create a boutique accommodation by harnessing the unique character of Blackball, which was already a population destination for tourists before the walking and biking tracks opened.

The reason for selling is purely around time and capital to make the vision a reality – with other opportunities needing the vendors full attention.
There is ample room for 5-6 (slightly smaller) intermittent self-contained units on these two corner sections, with concept drawings/design, pre-consent information, market case studies, historical short stay information (dating back to Sept-2021) and a financial ROI forecast model based on 6 additional units.

All of this, along with bookings and predicted revenue for the summer of 2024/2025 can be made available to serious potential purchasers.

The business model could be considered a very low risk option for the right purchaser, due to:
- The nature of the asset (land + house) is low risk – it will continue to grow in value with the world class Paparoa Track on the doorstep.
- Portable units can be added in stages, confirming viability of further capital input as it is already being generated from the existing units.
- Portable units constructed right will not depreciate – and they can always be sold.
- Occupancy data from the past two-three years is available to back up the predicted revenue.
- A huge amount of cost could be saved if the owner was able to contribute to the day-to-day running or setup of the business (marketing, SEO, construction).

The vendor is willing and able to assist with the project.

The Property:
The listed price is for two titles:
- 26 Hilton (752 square meters)
- 28 Hilton (665 square meters)

Blackball continues to grow with the Pike29 Memorial Track recently opening in 2024, after New Zealand’s 10th official Great Walk (Paparoa Track) opened in 2020.