Highly regarded backpacker hostel with significant future upside.
Proven cashflow business, income in excess of $640k+ per annum.
22 accommodation rooms catering for up to 114 beds (approx).
Large 19m frontage (approx), Land area 498m2 (approx), FSR 2:1.
2 Grand, 3 level freeholds on separate titles
Potential for additional floorspace and future conversion into large, high end residences (subject to council approval)