Highly regarded backpacker hostel with significant future upside
Proven cashflow business, current income in excess of
$640k+ per annum (approx)
22 rooms catering for circa 100 beds (approx)
Large 19m frontage (approx), Land area 498m2(approx), current floor space ratio 2:1
2 Grand, 3 level freeholds on separate titles
Potential for additional floor space and future
conversion into large, high end residences (subject to
council approval)