2 Aplin Terrace, Gin Gin, Queensland
Hostel in key farming area - Must be sold!
Expression of Interest - Must be sold
Business Description
Situated on a generous 4,962 m² corner block in the bustling heart of Gin Gin, the Harvest Hostel presents a unique opportunity to own a near-new, purpose-built short and long-stay accommodation lodge. Located just off the Bruce Highway and 50 kilometres from Bundaberg, this property is perfectly positioned within a key fruit-picking and farming catchment area, making it an ideal investment for those looking to tap into the local agricultural and backpacker markets.
Freehold Going Concern: Secure your investment with this freehold property, offering unparalleled potential for growth and profitability.
Accommodation Capacity: The hostel boasts 3 x 2-story dormitory buildings licensed for 148 beds, currently configured for 128 beds, providing flexible options for short and long-term stays.
Facilities: Designed with guests in mind, the property features an enormous shared kitchen, self-service laundry, TV room, Wi-Fi, large social spaces, and housekeeping services.
Liquor License: The hostel comes with a valuable liquor license, adding an attractive revenue stream for future operators.
Recent Closure: Managed successfully until recently, the property is currently closed due to the end of the manager's contract and the inability to find a suitable replacement, presenting a significant upside for a new owner-operator.
Turnover Potential: Figures before closure are available to serious buyers, with the hostel historically generating approximately $10,000 per week during peak seasons.
This is a rare opportunity to acquire a well-positioned, income-generating asset in one of Queensland’s most active agricultural regions. Don’t miss your chance to revive this vibrant hostel and capitalize on the steady demand for farm-stay accommodation in the area.
Urgent Sale Required – This property must be sold quickly! For more information or to arrange a viewing, please contact Nathan Eades, National Director at Ras360 Property Solutions, who is exclusively managing the sale.
Business Summary
Key Investment Insights
1. The hostel is situated in a key farming area, making it an ideal investment for those looking to tap into the local agricultural and backpacker markets.
2. The property is located just off the Bruce Highway and 50 kilometres from Bundaberg, providing easy access for guests.
3. The hostel is situated on a generous 4,962 m² corner block, providing ample space for guests and potential for growth.
4. The property is a near-new, purpose-built short and long-stay accommodation lodge, ensuring a high level of quality and comfort for guests.
5. The hostel boasts 3 x 2-story dormitory buildings licensed for 148 beds, providing flexible options for short and long-term stays.
6. The property features an enormous shared kitchen, self-service laundry, TV room, Wi-Fi, large social spaces, and housekeeping services, ensuring a comfortable and convenient stay for guests.
7. The hostel comes with a valuable liquor license, adding an attractive revenue stream for future operators.
8. The property is currently closed due to the end of the manager's contract and the inability to find a suitable replacement, presenting a significant upside for a new owner-operator.
9. Figures before closure are available to serious buyers, with the hostel historically generating approximately $10,000 per week during peak seasons.
10. The property must be sold quickly, presenting a rare opportunity to acquire a well-positioned, income-generating asset in one of Queensland's most active agricultural regions.
