Reduced dramatically from $15.5M for a quick sale, now offers from $11M with settlement before end of July 2025
Due to the owner moving overseas in early August 2025, the owner is looking for a quick & clean exit at a significantly reduced price with an incredible net yield of potentially 16-17% based on last year's EBITA & potentially more this year with over 100% occupancy now
It's a unique business model backed by strong & stable non-government organisations & government agencies built up over the last 15 years. Minimal labour costs are involved due to the nature of mid to long-term stays for most of the guests, with guaranteed payment by the government, but they are charged at a daily rate of $185-$325 per room, including some bunk beds.
Must be sold & settled before the end of July 2025 as a freehold going concern.
Address: 2479 Ipswich Road, Oxley, QLD 4075
Price: Offers From $11M
Inspect: Strictly by appointment only
Contact: Harvey Huang / Peter Huang 0401 026 693 / 0418 888 889
0418 888 889 | |
Email Agent | |
View My Properties |
0401 026 693 | |
Email Agent | |
View My Properties |
Land Size | 4541 Square Mtr approx. |
Secure Parking |
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