Bundaberg Central, Queensland

FANTASTIC CBD LOCATION LEASEHOLD GOING CONCERN BACKPACKERS - 2796BL

SOLD

Business Description

- 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)

Property Code: 4676

Business Summary

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

Key Insights:

1. Prime location in the heart of Bundaberg's CBD, with convenient access to public transportation, 24-hour convenience store, and other amenities.
2. Well-established and profitable backpackers hostel business with a reliable cash flow and high demand from local farmers.
3. Fully renovated and equipped with new equipment, making it a turnkey investment opportunity with no additional expenses.
4. Significant inventory included, including 6 buses, providing additional revenue streams and potential for expansion.
5. New 30-year lease available, providing long-term stability and potential for growth.
6. Low staffing requirements, with only one casual cleaner needed.
7. Located in a popular tourist destination, with easy access to quality coastal living and various attractions in the area.
8. Stable passive investment and growing freehold going concern, showing high return on investment.
9. Opportunity to own a piece of Bundaberg's history and invest in a thriving business with over 35 years of established reputation.
10. Net profit of $260,890, making it a solid money maker with a net return of over 40%.