Spring Hill, Queensland

FREEHOLD Backpackers in Brisbane

Over $4,380,000

Business Description

Asking Price: Over $4,380,000

- Secure income with future land growth near 2032 Brisbane Olympic Stadium, Athlete Village, and CBD.

- 55 beds in a highly popular Brisbane central suburb (postcode 4000).

- Gross annual income: $473,819 (GST inclusive).

- Super easy operation with great income potential.

- Significant upside potential for future growth.

- Double story building in good condition.

- Includes 4 car parking spaces on title.

- Two street frontages for added accessibility and appeal.

- Surrounding property values are rising, with excellent development potential.

- Extremely rare opportunity to acquire a FREEHOLD backpackers in Brisbane.

Call Bill He at ---------- now for detailed information!

Property Code: 936

Business Summary

Key Investment Insights

1. The business is a FREEHOLD backpackers in Brisbane, with an asking price of over $4,380,000.
2. The location of the property is in a highly popular Brisbane central suburb (postcode 4000).
3. The property has a total of 55 beds and is in good condition.
4. The gross annual income for the property is $473,819 (GST inclusive).
5. The property has significant upside potential for future growth.
6. The property includes 4 car parking spaces on title and has two street frontages for added accessibility and appeal.
7. The surrounding property values are rising, indicating potential for development.
8. The property is located near the 2032 Brisbane Olympic Stadium, Athlete Village, and CBD, providing a secure income and potential for future land growth.
9. The business is easy to operate and has great income potential.
10. This is an extremely rare opportunity to acquire a FREEHOLD backpackers in Brisbane.
Listing location
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