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Backpacker / Hostel business for sale in Gin Gin

  • Backpacker / Hostel
  • 2 Aplin Terrace Gin Gin QLD 4671
  • Expression of Interest - Must be sold

Hostel in key farming area - Must be sold!

Situated on a generous 4,962 m² corner block in the bustling heart of Gin Gin, the Harvest Hostel presents a unique opportunity to own a near-new, purpose-built short and long-stay accommodation lodge. Located just off the Bruce Highway and 50 kilometres from Bundaberg, this property is perfectly positioned within a key fruit-picking and farming catchment area, making it an ideal investment for those looking to tap into the local agricultural and backpacker markets.

Freehold Going Concern: Secure your investment with this freehold property, offering unparalleled potential for growth and profitability.
Accommodation Capacity: The hostel boasts 3 x 2-story dormitory buildings licensed for 148 beds, currently configured for 128 beds, providing flexible options for short and long-term stays.
Facilities: Designed with guests in mind, the property features an enormous shared kitchen, self-service laundry, TV room, Wi-Fi, large social spaces, and housekeeping services.
Liquor License: The hostel comes with a valuable liquor license, adding an attractive revenue stream for future operators.
Recent Closure: Managed successfully until recently, the property is currently closed due to the end of the manager's contract and the inability to find a suitable replacement, presenting a significant upside for a new owner-operator.
Turnover Potential: Figures before closure are available to serious buyers, with the hostel historically generating approximately $10,000 per week during peak seasons.

This is a rare opportunity to acquire a well-positioned, income-generating asset in one of Queensland's most active agricultural regions. Don't miss your chance to revive this vibrant hostel and capitalize on the steady demand for farm-stay accommodation in the area.

Urgent Sale Required This property must be sold quickly! For more information or to arrange a viewing, please contact Nathan Eades, National Director at Ras360 Property Solutions, who is exclusively managing the sale.

Business Highlights

Business ID2019458604
Floor Area1m²
Category
Last updated  30 Aug 2024
Map for 2 Aplin Terrace Gin Gin QLD 4671
Map for 2 Aplin Terrace Gin Gin QLD 46712 Aplin Terrace Gin Gin QLD 4671
Inspections
Documents

Business Highlights

Business ID2019458604
Floor Area1m²
Category
Last updated  30 Aug 2024

Listed by

Nathan Eades
RAS360 PROPERTY SOLUTIONS
Call
0448 339 920

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