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Backpacker Hostels for Sale in Brisbane, QLD

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Backpacker/Hostel
Brisbane, QLD
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Expressions of Interest
FEMALE-ONLY HOSTEL | 90% OCCUPANCY | $160K NETT PROFIT | CENTRAL CBD LOCATION Key Investment Highlights Turnover $250k+ p.a. Nett Profit circa $160k p.a. 16 Short-Stay Hostel Beds 4 Long-Stay Beds Occupancy approx. 90% A.D.R. $48/night Ground Floor Bar / Speakeasy currently not tradingExpressions of Interest Closing 14 October 2026An established female-only hostel positioned in the heart of Townsvilles Flinders Street nightlife precinct, offering strong existing occupancy, a proven accommodation model and genuine upside for an incoming operator.Flinders St Hostel caters specifically to the international and female backpacker market, providing a secure, centrally located accommodation option within easy walking distance of Townsvilles bars, restaurants, cafes, galleries, transport and the ferry terminal. THE ACCOMMODATIONThree Story Building:TOP FLOOR 1 x 8-bed dormitory 2 x 4-bed dormitories 16 short-stay accommodation bedsMIDDLE FLOOR 4 permanent beds catering to long-stay guestsOR CONVERT INTO HOSTEL CONFIGURATION AND GROW REVENUEGROUND FLOOR Existing small bar / speakeasy Currently not trading, providing an incoming owner with the opportunity to introduce an additional revenue streamThe hostel has been recently renovated and benefits from air conditioning, individual lockers, Wi-Fi, kitchen facilities, laundry, common areas, outdoor space and 24-hour self check-in. ESTABLISHED TRADINGOperating at approximately 90% occupancy with an average daily rate of around $48, the business generates turnover of more than $250,000 per annum and a nett profit of approximately $160,000.The female-only model provides a clearly defined market position, while the central Flinders Street location places guests directly within Townsvilles established entertainment precinct. GENUINE UPSIDEThe ground-floor bar / speakeasy is currently not trading, creating an immediate opportunity for an incoming owner to activate an existing space and add another revenue stream to the business.There is also scope to build on the established international customer base, online presence and strong occupancy as Townsville continues to grow as a major North Queensland tourism and events destination.Townsville recorded approximately 1.2 million domestic overnight hotel-type trips in 2025, generating around 2.5 million visitor nights. International visitor expenditure also increased by more than 30% during the year, while the city is positioned to benefit from the Brisbane 2032 Olympic and Paralympic Games. THE OPPORTUNITYAn ideal acquisition for an experienced accommodation operator, hostel operator or entrepreneur seeking an established business with strong occupancy, a defined customer base and identifiable avenues for growth.With proven trading, a highly targeted accommodation model, a central Townsville location and an unused bar/speakeasy opportunity, Flinders St Hostel offers an incoming owner the opportunity to acquire an established operation and take it to the next level.EXPRESSIONS OF INTEREST CLOSE 31 OCTOBER 2026For further information or to arrange a confidential discussion, contact Joel.** Ras360 Property Solutions Specialists in Hotels | Motels | Pubs | Parks | Management Rights **
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