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

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Backpacker/Hostels For Sale

You may also like

More Backpacker/Hostel For Sale Searches
    Permanent Management Rights - Option to Live on or Offsite
    Exclusive - 1.86 Multiplier with 3-Bedroom Residence – ID 9144
    Mid North Coast Riverfront Leasehold Motel with 25 Year Lease - 1P5993M
    No Requirement To Live Onsite - ID 8411
    Beachfront Going Concern Tourist Park, Far North Queensland - 1055CPF
    FREEHOLD - MIXED-USE COMMERCIAL PROPERTY WITH APPROVALS & EXPANSION POTENTIAL | Resort Brokers ID : FH008317
    Exclusive - Outstanding Modern Complex Caretaking Only - ID 9121
    UNLOCK INVESTMENT POTENTIAL: PRIME NARRABRI SERVICED APARTMENTS AWAIT! | Resort Brokers ID : FH008316
    LEASEHOLD MOTEL WITH PRIME POSITION & PROVEN PERFORMANCE  | Resort Brokers ID : LH008313
    Enticing Business Opportunity
    Well-established CBD Hotel with Gaming & Accommodation - 1P6039
    ACCOMMODATION & TOURISM BUSINESS FOR SALE IN CAPE TRIBULATION - 2820MF
    Multi-award winning resort - Tweed Byron Hinterland FHGC | Resort Brokers ID : FH008315
    Absolute Beachfront Resort Complex
    Waterfront Property within Resort
    Drouin Motel - 1P6044
    Small Permanent Complex in Southport - ID 8381
    Beautiful Redlands Area