PORT MACQUARIE NSW 2444
$1,400,000

DESCRIPTION

One of the most popular backpacker hostels on the Mid North Coast! This is a landmark building in Port Macquarie and is situated on the junction of two main arterial roads, short walk to bus terminals, close to CBD and transport at door.

The premises have been adapted and modernised to suit the present operation with excellent occupancy figures. The site is zoned 'business' with an opportunity to redevelop to suit a variety of uses. Strong cash flow figures, excellent bottom line, the business is strong enough to support an investor looking for future development.

Council Rates: $3,340 pa.