194 Brisbane StreetPerth WA 6000
Property Details for 194 Brisbane St, Perth
Last Listing description (December 2007)
Backpackers ..... one of Perths busiest, brightest & best ..... and certainly best-value buying too !!!
GOING ... GOING... G ... ( Offers to buy are flying about, so you better be quick with your ' best written offer ' if you want to be in the race to buy this superb business !! )
Cash in on the booming Accommodation Industry and start making money from the very hour of takeover. Highly desirable Cash Positive operation, with no debtors, negligible stock requirements and no working capital required.
Satisfied clients include many group clients staying on regular and annual basis, interstate migrants, overseas visitors and also mining employees. The quality clientbase is largely the result of good service and the consequently positive word of mouth, comments and recommendations.
This well established business is reluctantly offered for sale due to family illness. It is perfect for someone who enjoys friendly family-like atmospheres and meeting interesting people from around the world, or, the business can simply be run under management.
In addition to its many positives, the business also holds a coveted Special Facilities Liquor License.
Major features include :
- Cash Positive business
- Very high Occupancy Rate
- Multiple spinoff sales such as Tours, Phonecards etc
- Established 18 years
- All Plant & Equipment in excellent order
- Further growth potential
- Licensed for 85 beds
- Good location and long lease
- Net Profit - In excess of $150K p.a.
- Plant & Equipment approx. $70K
- Total Price - great value at $450K
To inspect [ or more to the point, to get ' your written offer ' to the vendor asap ] please contact Joe Lucisano w (08) 9388 9951 m 0421 213 825 or e-mail joe@elliscorp.com.au
Property History for 194 Brisbane St, Perth, WA 6000
- 03 Dec 2007Listed for Sale 450000
Recent sales nearby
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0About Perth 6000
The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.
Perth has 12,089 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:
- The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
- Houses have a median rent of $850 while Units have a median rent of $730.
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