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BASE BACKPACKERS, MAGNETIC ISLAND

» BASE BACKPACKERS, MAGNETIC ISLAND
  
1 Nelly Bay Road, Nelly Bay, Magnetic Island, QLD, Australia

Outstanding beachfront opportunity

  • New lease to Base Hostels, part of Tourism Adventure Group,  operator of 28 properties spanning across Australia & New Zealand
  • Commencement rent of $500,000 p.a. plus GST, 10 year period plus 3 x 10 year option
  • Significant development upside with the ability to incorporate additional accommodation and amenities (subject to Council approval)
  • 1.068 hectare freehold beachfront site with a Great Barrier Reef Marine Park permit
  • Ideally positioned on highly sought destination between Cairns and Airlie Beach, easily accessed from Townsville
  • Excellent range of guest facilities including substantial accommodation offering (186 beds)
  • Strong covenant, ideal beachfront position with excellent trading history and proven track record

 

For sale by Expressions of Interest, campaign closing Wednesday 5th December 2018 at 4pm

 


 

 

 

 

 

 

 

 

 

 

 

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