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Property ID: 75326

Figures made available to suitably qualified purchaser.

“2006 Most Improved W.A. YHA as Voted by the Guests”. Highly desirable Cash Positive operation, with no debtors, negligible stock requirements

This award winning highly profitable business has been with the present owners since January 2005.

This business can be run solo with assistance, or ideally by a couple.

The property oozes the old world charm of its era, having been built specifically for accommodation.

In CBD, 300 metres from York Street, Albany’s main street. Views over Princess Royal Harbour and Albany Port.

Well maintained and upgraded where necessary. All wet areas are in good condition, and the property throughout has been completely repainted. All plant and equipment in good supply and good order. All licenses and permits are in place and current.

Registered with Youth Hostels Australia (YHA) and Hostelling International and as such enjoys exclusivity in Albany.

“AAA” Three Star Rating, and a YHA Three Star Rating.

Owners residence is at the front of and attached to the hostel with reception the only common area. Residence comprises kitchen, lounge/living room, bedroom and having a central hall, all areas are of very generous size.

Albany is becoming one of the most popular tourist destinations in Australia, both internationally and nationally.

Has a long high season from October/November through to April/ May, with a short shoulder at each end.

Has the ever reliable whales with their babies visiting from June to October.

Two years of the current five year lease remain, with two periods of five year option in place.

Plant and Equipment list and current figures, will be made available to a suitably qualified purchaser. PSAV.