Property

Quality Guest House/Backpacker Complex

Freehold $1,350,000
New Listing

Description

* Net Profit circa $234,125 (FY21) - 17.3% ROI
* 29 units in an excellent accommodation locality, right in the CBD
* Includes communal kitchen, lounge area, pool table, reading room, courtyard and guest laundry
* Long term owners of 8 years
* Nicely presented property with relaxed atmosphere
* Very easy to operate business with no food preparation
* Low cost operation and high profit margin
* Solar energy installed 2 years ago
* Strong future bookings going forward expected as international borders reopen
* Well presented property close to major facilities in great coastal location

Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.

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