Freehold Backpackers In Brisbane - 2877bf

Freehold Backpackers In Brisbane 665942 1

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Spring Hill, Queensland 4000

BACKPACKERS FREEHOLD $4,380,000

Key Features

AI generated. Contact seller to confirm.

Freehold double-storey backpackers property in Brisbane CBD (postcode 4000) — extremely rare offering.
55-bed capacity in a building described as in good condition, centrally located near the 2032 Olympic Stadium and Athlete Village.
Reported gross annual income $473,819 (GST inclusive) and described as a super easy operation.
Significant development and growth potential with rising surrounding property values and close proximity to major upcoming infrastructure.
Includes 4 car parking spaces on title and two street frontages for improved accessibility and appeal.
Suitable for owner-operators or redevelopment; staffing/team details not specified in the listing.

Turnover: Not disclosed
Net Profit: Not disclosed

Business Details

Business Category Backpacker Hostel

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