Take advantage of Bowen’s rapid growth in land values and industry to make solid capital gains on this great QLD backpackers. It is making very good money and will provide you with the bonus of an enviable tropical lifestyle.
- During the high season (about 6mths), turnover is typically $50k to 60k/mth
- Business is growing with FY2009 showing a turnover of $424k
- Plenty of options to extend the business (STCA)
- Large Managers’ residence
- Top location in the middle of town
- On approx 4502sqm (over an acre)
- Licensed to sleep 86, with lapsed DA for 120
- Most income is from seasonal fruit picking workers, so there is scope to take a few months off each year. Dec-March is usually quiet.
- The business lends itself to being operated under management if required.
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