Looking for an outstanding investment opportunity in the thriving heart of Bundaberg, Queensland? We've got just the thing - a stunning two-level colonial-style building situated on a coveted 1,012 sqm corner block. With a prime location in the CBD, opposite the train station, this freehold property title offers not only the passive investment to a thriving takeaway business leasing approximately half of the ground floor but also a 130-bed backpackers hostel complete with all the amenities.
After a period of slowed tourism, backpackers are returning to the area, making this investment opportunity even more promising. With a fully refurbished interior and a developed relationship with local farmers, this hostel has established itself as a reliable go-to for casual labour staff in the Bundaberg region for over 35 years.
Don't miss out on your chance to own a piece of Bundaberg's history and invest in a profitable backpacker business. Contact us today to learn more about this exceptional opportunity.
- Prime location opposite train station in the heart of Bundaberg.
- Fully renovated with new equipment - no more money to spend.
- Backpackers flooding into Bundaberg's Food bowl with high demand from the farmers.
- Stable passive investment and growing freehold going concern showing high ROI.
- Low staffing, one casual cleaner!
- All the hard work has been done, leaving nothing to do for the new owners.
- Inspections by appointment only.
Net Profit: $616,806
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2796BF (quote when enquiring)
Property Code: 4674
