• Site area of 5.19ha*
• 30 year lease inclusive of options (28 years remaining*)
• $366,625.80 p.a. rental income plus GST
• Property features 81 rooms, 247 beds, 15 camp sites
• Ability to expand offering via an additional 20 plus rooms (subject to council approval)
Facilities comprise 81 rooms, 247 beds and 15 campsites, with the ability to expand (subject to council approval). Property is ideally positioned in an agricultural hub where the demand for farm workers is very high. The property is currently leased to Farmgate Backpackers which provides year round labour to farms in the region.
The Freehold property is offered for sale via an Expression of Interest process closing Thursday the 18th of March 2021 at 4:00pm.
