Townsville City, Queensland

🔥 $160K NETT PROFIT | 90% OCCUPANCY | 20-BED FEMALE-ONLY HOSTEL | BAR/RESTAURANT READY TO OPEN

Expressions of Interest

Business Description

🔥 FEMALE-ONLY HOSTEL | 90% OCCUPANCY | $160K NETT PROFIT | CENTRAL CBD LOCATION

⭐ Key Investment Highlights
💰 Turnover $250k+ p.a.
💰 Nett Profit circa $160k p.a.
🛏️ 16 Short-Stay Hostel Beds
🔑 4 Long-Stay Beds
📈 Occupancy approx. 90%
💲 A.D.R. $48/night
🍸 Ground Floor Bar / Speakeasy – currently not trading

Expressions of Interest Closing 14 October 2026

An established female-only hostel positioned in the heart of Townsville’s Flinders Street nightlife precinct, offering strong existing occupancy, a proven accommodation model and genuine upside for an incoming operator.

Flinders St Hostel caters specifically to the international and female backpacker market, providing a secure, centrally located accommodation option within easy walking distance of Townsville’s bars, restaurants, cafes, galleries, transport and the ferry terminal.

🏠 THE ACCOMMODATION

Three Story Building:
TOP FLOOR
• 1 x 8-bed dormitory
• 2 x 4-bed dormitories
• 16 short-stay accommodation beds

MIDDLE FLOOR
• 4 permanent beds catering to long-stay guests
OR CONVERT INTO HOSTEL CONFIGURATION AND GROW REVENUE

GROUND FLOOR
• Existing small bar / speakeasy
• Currently not trading, providing an incoming owner with the opportunity to introduce an additional revenue stream

The hostel has been recently renovated and benefits from air conditioning, individual lockers, Wi-Fi, kitchen facilities, laundry, common areas, outdoor space and 24-hour self check-in.

📈 ESTABLISHED TRADING
Operating at approximately 90% occupancy with an average daily rate of around $48, the business generates turnover of more than $250,000 per annum and a nett profit of approximately $160,000.

The female-only model provides a clearly defined market position, while the central Flinders Street location places guests directly within Townsville’s established entertainment precinct.

🚀 GENUINE UPSIDE
The ground-floor bar / speakeasy is currently not trading, creating an immediate opportunity for an incoming owner to activate an existing space and add another revenue stream to the business.

There is also scope to build on the established international customer base, online presence and strong occupancy as Townsville continues to grow as a major North Queensland tourism and events destination.

Townsville recorded approximately 1.2 million domestic overnight hotel-type trips in 2025, generating around 2.5 million visitor nights. International visitor expenditure also increased by more than 30% during the year, while the city is positioned to benefit from the Brisbane 2032 Olympic and Paralympic Games.

🎯 THE OPPORTUNITY
An ideal acquisition for an experienced accommodation operator, hostel operator or entrepreneur seeking an established business with strong occupancy, a defined customer base and identifiable avenues for growth.

With proven trading, a highly targeted accommodation model, a central Townsville location and an unused bar/speakeasy opportunity, Flinders St Hostel offers an incoming owner the opportunity to acquire an established operation and take it to the next level.

EXPRESSIONS OF INTEREST CLOSE 31 OCTOBER 2026

For further information or to arrange a confidential discussion, contact Joel.

** Ras360 Property Solutions – Specialists in Hotels | Motels | Pubs | Parks | Management Rights **

Business Summary