SOLD — Bondi Backpackers
On Australia’s world famous retail strip at Bondi Beach. This is a gateway trophy asset with great potential for upside. Currently Bondi Backpackers Hostel, Bavarian Bier Café & Backpacker World Travel. Significant income $1,364,989 per annum with great upside revenue potential. Bondi Backpackers 52 room / 138 bed hostel with great reputation and world renowned. Dominant visible beach position with established revenue and room for growth.
– Area 448.9 square metres approx.
– Undercapitalised value add opportunity
– Uninterrupted grandstand viewing frontage to Bondi Beach
– Wide 12.23m frontage to Campbell Pde
– Strong occupancy record
– Bondi Beach is expanding rapidly
Ray White Double Bay – The Team of Professionals You Deserve
Property Type: Unitblock
Bathrooms Type: 6