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Acquire a CBD Hostel with High Occupancy and Great Returns

Marketplace / Backpackers / VIC / Backpackers · Melbourne · LH008567

ResortBrokers presents a profitable business opportunity with Melbourne City Backpackers. Located in Melbourne's CBD, this thriving establishment offers 45 rooms with 132 beds, including private and dormitory-style rooms. Recently refurbished bathrooms and upgraded air conditioning ensure guest comfort. The property operates at over 90% occupancy, with additional income streams from bag storage and ATM commission. Run efficiently under management by the vendor, it's an ideal acquisition for expanding portfolios. With 14 years and 9 months remaining on the lease, this is a solid business opportunity not to be missed.

The numbers.

$745,559
Net profit
Asking $2,500,000
0

Melbourne.

Run the numbers yourself.

Same model our brokers use to appraise. Adjust net profit, multiplier, real-estate component. The result is indicative — independent appraisal available on request.

Request Appraisal
Net profit (manager)
$478,000
Multiplier (×)
5.2×
Real estate (manager unit)
$0
Indicative total
$2,485,600

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