Fully occupied boarding house - Townsville City

Offers to Purchase

8 Blackwood Street

Townsville City QLD 4810

Leisure

FOR SALE

235m2

Wanderers Inn comprises a two-level, twelve-room boarding house located in the heart of Townsville's CBD.

With a long history of 100% occupancy, this freehold property features:

• Land area: 332 sqm
• Zoned Principal Centre (CBD)
• Building area: 235 sqm over two levels
• 12 rooms (100% occupied)
• Communal kitchens, bathrooms and laundry on each level
• Outdoor communal areas
• Estimated net profit of approximately $75,000 per annum (excluding owners wages)
• Easy business and property to owner manage
• Fire, health and safety compliant

For sale by Offers to Purchase.

Please contact marketing agents Ray White Commercial Townsville to arrange an inspection.