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  • NZD1,500,000
Braemar House is a character-filled former hospital in Whanganui, thoughtfully restored into a thriving turnkey B&B and YHA hostel. Set on a 2,023 m^2 riverfront section, the property offers multiple income streams and an owner`s private apartment.

The B&B wing features eight guest rooms, a deluxe lounge, an intimate dining room, and guest-only bathrooms with one bath, two showers, and two toilets. The YHA hostel comprises four cabins with shared bathrooms, a family cabin with private ensuite, two dormitories (with four and three bunk beds), a shared kitchen, lounge, and laundry facilities. A private second-floor apartment includes a full kitchen, dining area, lounge, and bedrooms, providing owner privacy.

With a total floor area of 640 m^2, this property has district rates of $10,581.74 pa, regional rates of $828.07 pa, a land value of $560,000, and a rateable value of $1,250,000. Braemar House presents a unique home-and-income lifestyle opportunity on the river.
Braemar House is a character-filled former hospital in Whanganui, thoughtfully restored into a thriving turnkey B&B and YHA hostel. Set on a 2,023 m^2 riverfront section, the property offers multiple income streams and an owner`s private apartment.

The B&B wing features eight guest rooms, a deluxe lounge, an intimate dining room, and...

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