Spring Hill, Queensland
FREEHOLD Backpackers in Brisbane - 2877BF
FREEHOLD $4,380,000
Business Description
Backpackers for Sale
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 CBD.
Call Bill He now for detailed information!
Property Code: 5235
Business Summary
Key Investment Insights
1. Rare freehold backpackers property located in Brisbane CBD, postcode 4000, offering ownership of land and building rather than leasehold.
2. Asking price for freehold $4,380,000, business value listed as $0, indicating valuation is primarily for the property asset.
3. Gross annual income $473,819, GST inclusive, providing an existing revenue stream.
4. 55 beds capacity, suitable for high occupancy in a popular central suburb.
5. Double storey building reported to be in good condition, reducing immediate capital expenditure.
6. Includes four car parking spaces on title, a valuable amenity in the CBD.
7. Two street frontages, enhancing accessibility, visibility and appeal.
8. Secure income prospect combined with projected land value growth linked to proximity of the 2032 Brisbane Olympic Stadium and Athlete Village.
9. Surrounding property values are rising, implying strong development upside and capital appreciation potential.
10. Advertised as super easy to operate with significant upside potential for future growth, indicating operational simplicity and scalability.
11. Extremely rare market opportunity to acquire a freehold backpackers property within the Brisbane CBD, limited comparable supply.
