Hobart, Tasmania

Business & Freehold - One of the largest backpacker facilities in Australia

$5,900,000

Business Description

We are proud to offer for sale this prominent iconic Hobart CBD building, which a substantial three level strata titled building of some 2,776 sqm*, in the heart of the Hobart CBD, containing 69 rooms, plus 5 staff rooms and a managers residence.

The Imperial Backpackers has accommodation for approximately 169 guests and contains lounge, recreation area, multiple Male & female bathroom facilities (recently refurbished) and kitchen.

The business is operated under management and has huge growth potential, with the implementation of social media advertising and the updating of the decor.

Business Summary

Marketing Agent

Key Investment Insights

1. Prominent and iconic building in a prime location in the Hobart CBD.
2. Large and substantial three level strata titled building with a total of 2,776 sqm.
3. Accommodation for approximately 169 guests.
4. Contains 69 rooms, 5 staff rooms, and a manager's residence.
5. Recently refurbished male and female bathroom facilities.
6. Operated under management.
7. Huge growth potential with the implementation of social media advertising.
8. Potential for updating of decor to attract more guests.
9. Prime opportunity for a new owner to take over and improve the business.
10. Strong potential for increased revenue and profitability.
Listing location

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