PRD Agnes Water Shop 20, Endeavour Plaza Cnr Captain Cook Drive & Roundhill Road Agnes Water, QLD, 4677 07 4974 9470
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1 / 52 Captain Cook Drive
agnes water
QLD, 4677

SOLD

Sold for $1,150,000

listing rooms 44
listing bathrooms 23
Land: 1121 sqm

SOLD BY JAMES WHITE

YHA - 60 Bed Backpackers
YHA Branded - Approved 60 bed - Funky 1770 Beachside Backpackers - plus Agnes Palms Motel and Apartments Management Rights for 5 Motel rooms, 5 Studio apartments and 8 two bedroom units. Currently running 44 beds with DA approval for an additional 16 beds plus take away food outlet. Additional Incomes available from the care taking agreement, apartment cleaning, linen and repairs and maintenance.

The location is Agnes Water - the popular stop over point between Fraser Island and Airlie Beach. 1.5 hours North of Bundaberg - Agnes Water provides travelers with daily trips to the Southern Great Barrier Reef, Groms Famous Surfing School, Scooteroo Tours and chilling on the beach.

The position is a prime - main road position between Agnes Water and 1770. The location is Beach side - with a direct access walking trail through rain forest to Agnes Water's main beach. Walk to town centre shops, Tavern, cafes and bus terminal.

1770 Beachside Backpackers is a favorite among the visiting backpackers due to its modern design, swimming pool, entertaining areas, clean presentation, en-suited rooms and premium location next to the beach access!

The 44 bed hostel accommodation consists of:

2 x 10 Bed dorms with en-suite
2 x 6 bed dorms with en-suite
2 x 4 bed dorms with en-suite (1 handicap certified room)
2 x Private double rooms with en-suite
1 Spacious Lounge room
1 Tropical outside deck area
1 Community Kitchen with two gas hotplates and one 6 ring gas burner, 2 x 2 glass door fridges, 2 sinks and wash up bays
1 x Internal Kitchen with commercial grill and exhaust, 1 cold room (Previously a restaurant & bar which could be registered as in-house kitchen)
1 x cold room Bar fridge and cold room
2 x Storage Rooms
1 x Laundry with coin operated machines and other machines for own laundry use
Staff Quarters and storage rooms on the lower ground floor
1 x Front Reception Office with office equipment and drinks fridge
1 x Management Rights for the Agnes Palms Community Titles Scheme and a liquor license current for this lot.

The hostel has a fully equipped outdoor kitchen, outdoor and indoor seating areas, pool table, ping pong table, games room, swimming pool, free Wi-Fi, and so much more to offer.

The management rights include letting or 5 motel rooms, 5 studio units, and 8 x 2 bedroom units. All are in good condition will the majority in the holiday let pool.

The site has tropical gardens, a swimming pool and ample parking.

The business and management rights are proven - showing excellent levels of bookings and occupancy rates - and strong forward bookings.

This is a brilliant opportunity to purchase a well performing accommodation business located in the growing tourism market of Agnes Waters / 1770.

A full IM is available for your review on enquiry.

Agents

Nearby Schools

About agnes water

median house price

745000

suburb growth

0.7%

median house rent

640

suburb rental yield

4.5%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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