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UNDER OFFER/CONTRACT
Purpose built Hostel in key farming area - Must be sold!
Gin Gin, QLD, 4671
Accommodation/tourism · Motel
Expression of Interest
Seasonal Accommodation in the Heart of Queenslands Farming RegionWith the owners redirecting their focus to other business interests, this high-quality accommodation asset is offered below replacement cost, presenting outstanding value for an investor seeking scale, flexibility, and long-term upside.Occupying a prominent 4,962 m corner site in the centre of Gin Gin, the Harvest Hostel is a near-new, purpose-built accommodation lodge strategically positioned just off the Bruce Highway and approximately 50 kilometres from Bundaberg. The location places it at the centre of one of Queenslands most active fruit-picking and farming regions, with consistent demand from seasonal agricultural workers and backpackers.Freehold Going ConcernSecure ownership of both land and business, offering flexibility of use and strong long-term fundamentals.Accommodation- Three (3) two-storey dormitory buildings- Licensed for 148 beds, currently configured for 128 beds- Flexible room configurations to suit seasonal or longer-stay demand- Shared bathroom facilities designed for high-occupancy useGuest & Operational Facilities- Large commercial-scale shared kitchen - Self-service laundry- TV lounge and expansive communal / social areas- Wi-Fi throughout- Housekeeping facilities- Reception / management office and supporting infrastructureThe design emphasises durability, efficiency, and community-style living ideal for workforce and backpacker accommodation.Liquor LicenceA liquor licence is in place, offering optional upside for future operators. The space has historically been utilised as a social area rather than an active bar.Trading & OperationsThe hostel has recommenced trading this season following a short operational pause and presents in clean, modern condition, ready for immediate occupancy.Historic performance demonstrates weekly revenues exceeding $12,000 during peak periods, with prior trading figures available to qualified buyers.The business operates with an offsite manager on a commission basis, with labour supplemented through work-for-accommodation arrangements, providing a cost-efficient operating model.Investment Highlights- Modern, purpose-built asset- Scale rarely seen in regional Queensland hostels- Strong seasonal demand drivers- Offered below build cost- Flexible accommodation use- Immediate operational capabilityThis is a rare opportunity to secure a substantial, income-generating freehold accommodation asset in a tightly held agricultural region.For further details or to arrange a private inspection, please contact:Nathan Eades or Joel McCartin** Ras360 Property Solutions - Specialists in Motels | Hotels | Pubs | Parks | Management Rights **NB: Revenue and Nett Profit are annualised from part year figures
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