Situated in one of the most convenient spots in Spring Hill, property is within walking distance to Brisbane CBD and Fortitude Valley (Brisbane’s most popular entertaining district).

Zoning – CP- LMR (Low – Medium Density Residential Area)

Existing building comprises of 19th century brick construction building with returned verandas and an additional accommodation block on an allotment of 812m2.

The current Backpackers Accommodation business generates approximately$550,000 to $600,000 income per annum.

Currently with 56 beds, there are DA and BA for extension to 120 beds with potential income of over a million per annum. It also has potential to develop into a small boutique hotel.

A copy of Sustainability Declaration is available upon request.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.