FREEHOLD - MIXED-USE COMMERCIAL PROPERTY WITH APPROVALS & EXPANSION POTENTIAL

ResortBrokers offers to market a profitable two-tier business opportunity in Ayr, combining Ayr Budget Accommodation and the Chill Cafe.

Historically run as a backpackers hostel, the vendor has made the move to change the accommodation, understanding the current housing crisis across the country and the huge demand for longer-stay accommodation by converting the rooms to longer-stay rentals.

What was initially being offered as a freehold backpackers opportunity has moved into more of a passive ownership of the freehold going concern, with a local reputable Real Estate agent managing the longer-term rentals on the ground. This provides the additional benefit of reducing the operating costs, combined with a rental income circa $40k + pa generated from the cafe, which has a long-term lease agreement in place.

  • 23 rooms rented at $250pw - approximate turnover $299,000
  • Cafe long term lease provides rental income $40,713
  • Prime CBD location with easy access to shopping and dining
  • DA approval for additional units in place and retrofit the existing hostel
  • High economic growth region, huge need for housing
  • 130 beds, currently 85 council approved, 23 newly air-conditioned
  • 3,690sq property, with room to expand
  • Inspection by appointment only
Des Fagg

Interested? Why not give Des Fagg a call on 0427 849 119 or

Jacqueline Featherby

Or... call Jacqueline Featherby on 0424 497 056 or