Mummas Hostel

LIVE & WORK LIKE EVERY DAY IS A HOLIDAY!

Presenting to market, the outstanding opportunity to own the leasehold interest of this modern refurbished hostel, Mumma’s has all the comforts of home from far away!

Located in Surfers Paradise, arguably the Gold Coast's premium location for international travelers, this hostel is conveniently positioned to enjoy all that the Coast is famous for: stunning beaches, eclectic nightlife, a fabulous selection of restaurants and cafés, shopping and entertainment.
• Located in prime Surfers Paradise location
• 3 year lease terms offered with further option of 3 yearly renewal
• Opportunity to increase income streams - by sale of food in cafe/kitchen
• Modern pool and updated BBQ/outdoor areas
• Modern refurbished rooms with new furniture and fittings
• Walking distance to restaurants, clubs, shopping precinct and beaches
• All inclusive property with full guest amenities - communal kitchen, ensuites/bathrooms, games. theatre rooms, laundry
• 508m2 fully fenced property for privacy
• Property inspections are by appointment only

Average Occupancy due to COVID restrictions is 40-50%, with borders opening the potential to double takings and profit is easily achievable.
With international travel resuming in December, it is an exciting time to take the leap and enter this rewarding industry!

Net Profit $65,653
Price $150,000

For more information please call Maggie Stanisic - XXXXXXXXXX