138 Collins Street, Hobart, Tasmania
Business & Freehold - One of the largest backpacker facilities in Australia
$5,250,000
Business Description
Elders are proud to offer for sale this prominent, iconic Hobart CBD building, which is 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 manager’s residence.
The “Backpackers Imperial Hotel” has accommodation for approximately 159 guests and contains two lounges, two recreation areas, multiple male & female bathroom facilities (recently refurbished) and kitchen/dining.
The business successfully operates under management with a very healthy net profit.
*Approximate
Business Summary
Key Investment Insights
1. Prominent, iconic building in the heart of Hobart CBD
2. Three level strata titled building with 2,776 sqm of space
3. Contains 69 rooms, 5 staff rooms, and a manager's residence
4. Accommodation for approximately 159 guests
5. Two lounges, two recreation areas, and multiple bathroom facilities
6. Recently refurbished bathrooms
7. Successful business operating under management
8. Very healthy net profit
9. Includes both business and freehold of the property
10. One of the largest backpacker facilities in Australia.
