On offer and with 11.8% ROI for an astute investor, is this investment opportunity for a thriving commercial building located in North Queensland with 3 leases in place.

Key Features

  • 11.8% ROI
  • Three leases – backpackers hostel, grill restaurant, café
  • Long lease agreements
  • Spare land for expansion
  • Located with easy access to facilities

NB: Property inspections are by appointment only

Key Details

Listing Ref: INV005634
Property Type: Backpackers
Region: QLD - Townsville Mackay
Suburb: Ayr
Sale Type: Freehold Passive Investment
Price: $1,695,000

Location

Listing Agent(s)

Agent Feedback

Following the successful negotiation and purchase of our leasehold business we cannot praise the service Des provided to us during our purchase highly enough! He went out of his way to ensure that every process went as smoothly as possible and actively sort to problem solve the few issues that did arise during the purchase of our leasehold business. We found him to be honest in his negotiating skills, professional in attitude, diligent in providing us with regular updates and came to the fore when closing the deal. Des’ manner was always pleasant, his care and diligence as well as fantastic local knowledge left us very comfortable with our decision to buy. We would be more than happy to recommend Des to anyone who is looking to buy or sell in the accommodation industry. I certainly hope he is still doing this wonderful service when it is our turn to sell.

- Brad and Raylea Thomson
Buyer,
Charters Towers Tourist Park

We cannot praise the service Des provided to us during our recent purchase highly enough! He went out of his way to ensure that every process went as smoothly as possible and actively sort to problem solve the few issues that did arise during the purchase of our passive investment. Given that we were from inter-state, Des was pro-active in sourcing a variety of industry peers for Wade to have frank discussions with regarding the viability of the tourism trade in the area as well as local infrastructure and investment. His care and diligence as well as fantastic local knowledge left us very comfortable with our decision to buy. We would be more than happy to recommend Des and his team to any potential clients as their care, communication and attention to detail are absolutely A1.  Thanks again Des- your hard work was greatly appreciated!!!

- Wade and Kylie Woods
Purchaser,
Albury All Seasons

Des, kept his hand on the transaction at all times, from start to finish, communicating with us at all times... achieving the price we asked for and an additional $2,200 for furniture in the managed unit. 

- Gary Carrington
Vendor,
Cluden Park Motor Inn