Commercial Property - New South Wales - NEWPORT

DA approved for 100 bed Backpacker Hostel

Unique opportunity to develop new backpacker hostel in the heart of popular tourism destination on the Northern Beaches. Potential exists to expand business by providing a backpacker yachting service on Pittwater. Projected net income of $500,000 per annum (10% return on investment) based on 80% occupancy. Approved plans for buildings are available on request.

Prestige Properties Northern Beaches - Newport

Shop 1, 358 Barrenjoey Road
NEWPORT 2106

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Office Phone: 02 9999 1668

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Subject: Commercial Property - NEWPORT, Property No. 5073458

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