Added 1 day ago
25 Barolin Street,
Bundaberg Central, QLD 4670
Hotel, Motel & Leisure • Commercial Farming & Rural
Added 1 day ago
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Map of 25 Barolin Street
Train stations within 5 km of 25 Barolin Street, Bundaberg Central, QLD 4670 Distance Queensland Rail Travel Centre Bundaberg 489 m POWERED BY HERE ©Bus stops within 5 km of 25 Barolin Street, Bundaberg Central, QLD 4670 Distance Bundaberg Central School 224 m Hinkler Place 226 m Bundaberg Plaza 270 m Woongarra Street Stop T 311 m Bundaberg 312 m POWERED BY HERE ©
POWERED BY HERE ©
BUNK DOWN HERE - A WISE COMMERCIAL INVESTMENT - VERY ATTRACTIVE YIELD !
- PRIME CBD LOCATION
- EXCITING OCCUPANCY RATES ALL YEAR ROUND
- VERY LOW OPERATING COST BUSINESS
In this prime CBD position, you will find The Bunk Inn Hostel, a certified 22 bed hostel. Established to accommodate the touring backpacker, those on a working visa or simply those who require short term accommodation before their next move.
Due to it's very central location, affordable nightly rate & comfortable accommodation, the business has proven to operate at around 80% occupancy over consecutive years. A combination of the low expense operating systems & caretaking has ensured the business remains profitable at all times.
An exciting freehold opportunity to secure some very sought after CBD commercial, backed up by a strong & high yielding short term accommodation business.
Bunk Inn points of interest:-
- A very manageable 22 bed hostel with very minimal labour cost to operate (room to improve/grow the business)
- Current Council rates - $6113.06 (approx) per year
- Occupancy rates available on request
- Travel desk availability with both Website Travel and OZExperience, generating additional income into the business (Lady Musgrave Experience, the turtles, distillery tours are just some of the potential experiences to sell)
- Heavy maintenance schedule completed earlier in the year, ensuring the hostel is running efficiently
- Property Management Software Cloudbeds is the operating system for all bookings
- Most bookings generated via booking.com & Agoda, as well as travel agents
- Locks upgraded to GOKI Pro (WIFI Enabled) to allow for independent issued codes
- Wifi is connected through UNIFI networking system
- All linen is managed and owned by the hostel
- One employee to clean & change linen on the daily, ensuring low labour expenses
Further information can be released upon any genuine expression of interest !
Due to it's very central location, affordable nightly rate & comfortable accommodation, the business has proven to operate at around 80% occupancy over consecutive years. A combination of the low expense operating systems & caretaking has ensured the business remains profitable at all times.
An exciting freehold opportunity to secure some very sought after CBD commercial, backed up by a strong & high yielding short term accommodation business.
Bunk Inn points of interest:-
- A very manageable 22 bed hostel with very minimal labour cost to operate (room to improve/grow the business)
- Current Council rates - $6113.06 (approx) per year
- Occupancy rates available on request
- Travel desk availability with both Website Travel and OZExperience, generating additional income into the business (Lady Musgrave Experience, the turtles, distillery tours are just some of the potential experiences to sell)
- Heavy maintenance schedule completed earlier in the year, ensuring the hostel is running efficiently
- Property Management Software Cloudbeds is the operating system for all bookings
- Most bookings generated via booking.com & Agoda, as well as travel agents
- Locks upgraded to GOKI Pro (WIFI Enabled) to allow for independent issued codes
- Wifi is connected through UNIFI networking system
- All linen is managed and owned by the hostel
- One employee to clean & change linen on the daily, ensuring low labour expenses
Further information can be released upon any genuine expression of interest !
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Bundaberg Central, 4670 demographic data
The median household income for Bundaberg Central is $833, 45% lower than Regional Queensland's household income of $1,507. Bundaberg Central has a younger age profile compared to the rest of Regional Queensland (median age 34 vs 41). Property ownership data shows 0% of property owners in Bundaberg Central have a mortgage.
162
Population
$833 per week
Median household income
34 years
Median age
Renters
Most residents
Singles
Most households
04075246...
25 Barolin Street
Bundaberg Central, QLD 4670
Weekes Property Co. - BUNDABERG CENTRAL80 Barolin Street
BUNDABERG SOUTH, QLD 4670
BUNDABERG SOUTH, QLD 4670
