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FREEHOLD Backpackers in Brisbane
$3,800,000+
Backpackers hospitality, Spring Hill QLD
- Secure investment with stable income and future land appreciation in Brisbanes city centre.
- 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.
More Information
- Total Purchase Price: $3,800,000+
- Net Income: $ 0
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?