Sold

FANTASTIC CBD LOCATION LEASEHOLD GOING CONCERN BACKPACKERS - 2796BL

SOLD

  • Solid money maker netting better than 40% Net.
  • New 30 year lease available.
  • Significant inventory included (6 buses).
  • Reliable cashflow business with plenty of willing workers.
  • Prime location opposite train station in the heart of Bundaberg.
  • Convenient access to 24 hour convenience store and takeaway.
  • Walking distance to most things conveniently positioned in the CBD.
  • Fully renovated with new equipment - no more money to spend.
  • Backpackers flooding into Bundaberg's Food bowl with high demand from the farmers.
  • Stable passive investment and growing freehold going concern showing high ROI.
  • Low staffing, one casual cleaner!
  • Close to quality coastal living with a number of attractions in the area.

 

Looking for an outstanding opportunity in the thriving heart of Bundaberg, Queensland? We've got just the thing - a stunning two-level colonial-style building situated on a coveted 1,012 sqm corner block. With a prime location in the CBD, opposite the train station, this leasehold business offers a 130-bed backpackers hostel complete with all the amenities.

 

After a period of slowed tourism, backpackers are returning to the area, making this investment opportunity even more promising. With a fully refurbished interior and a developed relationship with local farmers, this hostel has established itself as a reliable go-to for casual labour staff in the Bundaberg region for over 35 years.

 

Don't miss out on your chance to own a piece of Bundaberg's history and invest in a profitable backpacker business. Contact us today to learn more about this exceptional opportunity.

 

Net Profit: $260,890

 

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2796BL (quote when enquiring)

 

Price SOLD
Location Bundaberg Central
Property ID 2796BL
Category Backpacker/Hostel

Quick Links

Share Property