• No Agent Property NSW
  • No Agent Property

For Sale

$539,000

14 Ewing St, Lismore, NSW 2480

  • Hotel/Leisure

Last updated: 19th September 2020

Listing ID: 2392

  • 4 Parking spaces
  • 260.0m2 Floor area
  • 911.0m2 Land area

Guesthouse / Backpackers for Sale – Selling Freehold! Be your own Boss!

Phone enquiries - please quote property ID 18345

Buy yourself a well paid and secure job in a great place to live on the beautiful NSW North Coast and meet people from all over the world

Successful lifestyle business with a proven track record so you can be your own boss with a guaranteed income. This is a unique opportunity to buy yourself a viable business and freehold building with solid return, which is well known in the traveller and agricultural work sectors. estreet guesthouse is a well established business with huge potential in the CBD area of Lismore and comes with comfy manager’s accommodation on site.
Would suit person / couple wanting to relocate to the desirable North Coast.
Turnover of over $80 - 100k + per anum. Consistently around 90% occupancy
Yield 19.5%

estreet guesthouse is a funky accommodation business in the CBD area of Lismore within walking distance to all amenities and services. We provide short term lodging in a fun, affordable, friendly and safe environment. The target market for guests includes; students, locums, travelling workers and overseas visitors. It is the only service of its type in Lismore and there is great potential, particularly for owner occupiers. We have well established and documented booking, financial and operational systems we are happy to pass on.

We have a backpacker’s licence and a boarding house licence. In its current configuration the house has 8 rentable rooms including 5 doubles, 1 twin, 1 single and a girl's-only dormitory which sleeps 3, with room to increase capacity.

The House is an historic building of 260 sq metres with high ceilings and large rooms. It is on a large block of 911 sq metres with space for 2 car parking spots and ample on street parking. There is separate accommodation for the owners / managers consisting of:
• 1 living area with kitchenette,
• 1 bed room
• 1 bathroom
• Laundry
• Games Room
• Undercover outdoor area
• Storage Room
• 2 x Undercover parking

Recent improvements include; 3 brand new renovated bathrooms, a new roof, insulation, painting, refurbished bathrooms, refurbished Manager’s apartment, and new fire systems but still room for you to put your own stamp on it.

The sale price is based on a WIWO basis at $539,000 negotiable and includes all fittings, furniture, i.e. beds, linen, bedside tables, desks, lounges etc and equipment including fridges, washing machines, lawn mower, ping pong table, outdoor picnic tables etc.

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