Key Investment Insights
AI generated. Confirm details with the seller.
1. Heart of Bowen location, central for tourists and backpacker market.
2. Purpose-built, council-approved 32-bed backpacker facility, ready for operation.
3. Delivered ready for fit-out, allowing quick commencement and custom interior fit-out.
4. Designed for operational efficiency, implying lower ongoing labour and management costs.
5. Long-term lease structure of 5 x 5 x 5 x 5 x 5 years, providing up to 25 years of tenure.
6. Annual rent $84,000 plus GST and 100% outgoings, equating to $3,000 per bed per annum, indicating low per-bed rental.
7. No lease entry fee and no goodwill required, reducing upfront capital outlay for a new operator.
8. Commercial lease terms, suitable for business-scale accommodation operators.
9. Tenant responsible for all outgoings, clarifying operating cost allocation and budgeting needs.
10. Listed through Tourism Brokers, contact Antonio Curulli, reference Property ID 2898BL for inspections and enquiries.