Red Cliffs VIC 3496

$385,000 Negotiable

Backpackers Hostel for sale. Excellent margins.

The Mallee Inn is a very busy working hostel which sees virtually zero downtime.

We are located in a backpacker hot-spot in this major fruit growing region. This thriving hostel is situated in the heart of Sunraysia just minutes from Mildura, in the quaint country town of Red Cliffs.

The hostel has facilities to accommodate up to 120 tourists/ travellers and sees excellent trade all year round. Backpackers are required to work at least 3 months in a farming activity to extend their Australian Visa for another year. Sunraysia offers a huge amount of farm work for travellers with hundreds of orchards and vineyards in the district, and backpackers flock to the area because of the incredible work opportunities available throughout the entire year.

Features of this outstanding business opportunity include: • High yearly turnover of $600,000 a year. • Asking only $385,000. • Low overheads produce high profit margins. • Perfectly located in a backpacker hot spot. • Accommodates 120 guests. • Excellent trade all year round. • Would suit owner-operator and/or partnership • Excellent online presence with great reviews on Trip Adviser and Hostelz. • Website and Facebook profile.

• Owner happy to stay on and train new operator.

Mildura and Red Cliffs are vibrant rural Victorian border towns that make most of their position on the Murray River. Known for their produce, the towns have a thriving cultural scene and visitors have long been attracted to the areas many festivals. The area also caters for travellers who want to experience all the water activities that the Murray River is famous for.

This really is a very exciting opportunity to acquire a thriving Backpackers Hostel in one of Australia's most beautiful regions. If you have been looking for a tree-change opportunity, one which offers a great income, a laid back lifestyle and virtually zero downtime, then you must take a look at this.

PRICE $385.000 Bank Finance available to approved purchaser Exclusive listing so genuine enquiries only. Quote BSV 0809 and call Michael NOW!! or submit an enquiry now.

Phone enquiries - please quote property ID 17754

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