L J Hooker Commercial Toowoomba are pleased to offer to the market, for sale the freehold and business of the Garden City Backpackers via Expression of Interest closing 7th November 2024.

This business opportunity is that of the Garden City Backpackers, currently with a net income of $64,810.60•generated from the current business onsite, the property is owner occupied currently with no rental payable and no rental agreement in place.

The freehold opportunity is a 2956m� parcel of land improved by a low set brick building comprising of 12 rooms with a selection of double bunk bed share rooms or singles, spacious commercial Kitchen, large lounge area, outdoor Veranda & BBQ area the property also has 2 washrooms & 2 amenities blocks for the use of the occupants during their stay.

Key Features:
-High Exposure to Ruthven Street carrying 24,000 cars per day
-Easy Access to CBD and Public transport.
-Busy agriculture region providing as of right customer base.
-Well positioned to new development and infrastructure projects
-Business Net income: $64,810.60 (Approximate)
-Ability to increase potential onsite with further council approvals.

For more information or to arrange a private inspection please contact exclusive agent Chris Stewart of LJ Hooker Toowoomba

•approx.
•• Subject to Council Approval