Under Offer 03/06/2024
THE BEST FREEHOLD GOING CONCERN + RETAIL PASSIVE INVESTMENT - 2796BF
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(no street name provided), Bundaberg Central QLD 4670

UNDER CONTRACT

BusinessSize: n/a
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

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

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Contact Michael Philpott to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Business

Other Details

Tourism Brokers

Property history

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See Bundaberg Central's suburb profile

Bundaberg Central suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
34 years
Population
162
Listing ID: 182194432. This listing has been viewed 1 time. It was first displayed on 04/01/2024 and last updated on 03/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.