1/66 Targo Street, Bundaberg Central QLD 4670

$300,000

Long established and conveniently located Bundaberg City Backpacker business.

BUSINESS OVERVIEW:
Due to its temperate climate Bundaberg is renowned for the growing, packaging and marketing of a large range of farm produce. The backpackers hostels fill a very important role within this industry providing farm labour as and when required.
This hostel is strategically located within Bundaberg’s main coach interchange complex, and within walking distance to the city centre, banks, Post Office and rail terminal.
Licensed for 88 beds and operating at good occupancy rates for most of the year.

BUSINESS DETAILS:
• Well established Bundaberg backpackers hostel
• Great location at Bundaberg coach terminal
• Licensed for 88 beds
• Absentee owners have a manager for the day to day operation of the business
• All rooms are airconditioned
• Extensive list of chattels and equipment including 6 Motor Vehicles
• Term lease in place expiring 31/12/2020 with a further 5 year option to follow
• Well presented
• Compliance with all statutory requirements

Property Features

Outgoings: No

Real Estate Agent's
David Radonich
Commercial Sales Executive
0418204479
07-41544178

Sharon Golding
Principal Licensee
0457 473 173
07 4196 0933