Ayr QLD 4807

ResortBrokers offers to market a profitable two-tier business opportunity in Ayr, combining Ayr Budget Accommodation and the Chill Cafe.

Historically run as a backpackers hostel, the vendor has made the move to change the accommodation, understanding the current housing crisis across the country and the huge demand for longer-stay accommodation by converting the rooms to longer-stay rentals.

What was initially being offered as a freehold backpackers opportunity has moved into more of a passive ownership of the freehold going concern, with a local reputable Real Estate agent managing the longer-term rentals on the ground. This provides the additional benefit of reducing the operating costs, combined with a rental income circa $40k + pa generated from the cafe, which has a long-term lease agreement in place.

- 23 rooms rented at $250pw - approximate turnover $299,000
- Cafe long term lease provides rental income $40,713
- Prime CBD location with easy access to shopping and dining
- DA approval for additional units in place and retrofit the existing hostel
- High economic growth region, huge need for housing
- 130 beds, currently 85 council approved, 23 newly air-conditioned
- 3,690sq property, with room to expand
- Inspection by appointment only