Bondi Backpackers on Campbell Parade, Bondi Beach for auction

Bondi Backpackers on Campbell Parade, Bondi Beach for auction
Bondi Backpackers on Campbell Parade, Bondi Beach for auction

Backpacker accommodation right opposite Bondi Beach, on Campbell Parade has been listed for sale.

It is the Bondi Backpackers property.

Craig Pontey of Ray White Double Bay, who is taking the property to auction, say it has 52 rooms accommodating 138 guests in configurations from single rooms to 6-person dormitory rooms.

There’s additional income from two prime retail tenancies that also front Campbell Parade: Bavarian Bier Café and Backpacker World Travel.

"Total income from the property is currently in the order of $1.364,989 per annum, and as an ideal owner-operator business," he said.

"I believe that there’s considerable potential to increase income," he said.

The site area is 448 sqm with a 12m frontage to Campbell Parade.

Tags: 
Leisure Bondi Beach

Comments

Be the first one to comment on this article
What would you like to say about this project?