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Gecko's Backpackers - Quiet Location - Adjacent to Myers Central

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Corner Site
  • #131Property ID:
  • [link]Link
  • 40Bed
  • 5Bath
  • 1012m2Land
187 Bunda St
Parramatta Park
Cairns QLD 4870
$1.495m

MAKE ENQUIRY
A Backpackers with a colourful history. Situated on a corner block of 1012m2 this successfully operated Backpackers is located opposite Cairns Central Shopping Centre / Railway Station.

Accomodation includes two Queenslanders with a combination of single rooms, twins, double room and dormitories, with the handicapped and carer accomodation capability. Indoor kitchen area, outdoor areas, pool to enjoy the sun located in the south west corner. Additional manager's flat adjacent to the Reception area.

Nett profit after addbacks and if self managed, would provide a yield of between 7.8% - 9.5%.

Price $1.495m

Grant Freeman 0417 159 357 (Intl +61 417159357)

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