Spring Hill, Queensland
FREEHOLD Backpackers in Brisbane - 2877BF
BACKPACKERS FREEHOLD $4,380,000
Business Description
Highlights
1. Rare Freehold in Brisbane CBD
2. $473K Gross Annual Income
3. Huge Development and Growth Potential
Key Features:
- 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 now for detailed information!
Property Code: 5235
Business Summary
Key Investment Insights
1. Freehold ownership in Brisbane CBD, described as an extremely rare opportunity.
2. Gross annual income of $473,819, GST inclusive.
3. Located in postcode 4000, a highly popular central Brisbane suburb.
4. 55-bed capacity, suited to backpacker accommodation demand.
5. Positioned near the 2032 Brisbane Olympic Stadium and Athlete Village, implying future demand and land value uplift.
6. Advertised as secure income with future land growth potential.
7. Significant upside and huge development and growth potential, supported by rising surrounding property values.
8. Double-storey building reported to be in good condition, indicating lower immediate capital expenditure.
9. Includes four car parking spaces on title, adding asset value and convenience.
10. Two street frontages, enhancing accessibility, visibility and potential redevelopment options.
11. Described as a super easy operation with great income potential, indicating straightforward day-to-day management.
