Business Display

Albany, Western Australia

Unique Leasehold Backpackers Hotel - Albany, WA

Price: $350,000
Listing ID: 1114

BUSINESS DESCRIPTION

Tired of working long hours to line someone else's pocket? Want more out of life? Then this unique accommodation business in one of WA's most beautiful regions could be your dream investment.
Offering a home, an income and an amazing lifestyle, 1849 Backpackers in Albany needs new owners to take it to the next level.
The current owners invested a lot of time and money restoring this magnificent old hotel to its former glory, before opening the doors nearly 7 years ago.

100-plus bed backpacker accommodation
Housed in the London Hotel - the state's oldest hotel
Prime position overlooking Princess Royal Harbour and Anzac Peace Park
Private car park
Beautifully maintained gardens and BBQ area
4-a-side soccer pitch / volleyball court
Fish pond and water features
Commercial-style kitchen, dining area and breakfast / pancake room
Newly decorated lounge area
Everything well maintained - no urgent fixes needed
Leasehold - with 15 years remaining

The current owners describe their time here as a 'labour of love', saying they have enjoyed every minute. But it's time to move on.
What you get here is a business that is already established and earning, but also has the potential to be even bigger and better.
With its well preserved heritage, natural beauty and Mediterranean climate, Albany is increasingly popular with tourists, making this business a very smart investment.
It also offers a wonderful lifestyle, with schools and universities, shops and services, lovely beaches and a vibrant community.

Price: $350,000

BUSINESS FEATURES


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Albany, Western Australia