CBRE Hotels is pleased to offer for sale, the freehold going concern interest of the high-profile asset that is “Coffs Harbour YHA Hostel & Backpackers”.
Investment Highlights:
- 1,361sqm parcel of freehold beach side land situated in Coffs Harbour
- Prominent branding and business opportunity
- The site allowing for a variety of alternate uses including redevelopment for Commercial, Hotel Accommodation, Seniors Housing and/or Residential (STCA)
- 25 accommodation rooms with a mix of en-suites and shared dormitory style rooms, with a two-bedroom managers residence
- The property and business includes a swimming pool, full commercial kitchen, tour desk, media room, 14 car parking bays, BBQ and laundry facilities
- The property benefits from the tourism and leisure demand drivers of the near beach side location
- Convenient access to the retail shopping precinct, railway station and coach bus terminal
- The going business concern and freehold property is available with vacant possession, and with a YHA franchise (associate agreement) branding opportunity.