In­vest­ment op­tion in tourist mecca

The Coffs Coast Advocate - - PRIME SITE -

A BACK­PACK­ERS re­treat with un­in­ter­rupted ocean views on Mag­netic Is­land is set to at­tract in­vestors, as it is of­fered to mar­ket with ten­ant Base Back­ers of Tourism Ad­ven­ture Group.

Base Back­pack­ers, lo­cated at 1 Nelly Bay Rd, is of­fered for sale via an ex­pres­sions of in­ter­est cam­paign run by mar­ket­ing agents Chris­tian Tsa­likis and Leon Ala­ban of Sav­ills.

Sav­ills Ho­tels se­nior ex­ec­u­tive Chris­tian Tsa­likis said the of­fer­ing would stand as a se­cure in­vest­ment, un­der­pinned by the lease to Base Back­pack­ers.

“Tourism Ad­ven­ture Group owns and op­er­ates 28 back­pack­ers across Aus­tralia and New Zealand through their three brands – Base, No­mads and United,” Mr Tsa­likis said.

Base Back­pack­ers is lo­cated on a 1.068 hectare site, de­vel­oped with the main build­ing oc­cu­py­ing 1244sq m.

The prop­erty com­prises 186 beds, 11 camp­sites, plus food and bev­er­age fa­cil­i­ties.

Sav­ills Ho­tels di­rec­tor Leon Ala­ban said the lo­ca­tion at­tracted both in­ter­na­tional and do­mes­tic tourists who want to ex­pe­ri­ence the best of what Queens­land has to of­fer.

“The of­fer­ing pro­vides in­vestors with the ideal beach­front as­set, a solid covenant with a lease to Base Back­pack­ers, who op­er­ate a busi­ness that pro­cures an ex­cel­lent trad­ing his­tory”, Mr Ala­ban said.

Ex­pres­sions of in­ter­est to pur­chase Base Back­pack­ers close at 4pm on Wed­nes­day, De­cem­ber 5.

Photo: Ab­bie Chat­field

EN­VI­ABLE OUT­LOOK: Base Back­pack­ers, Mag­netic Is­land, is for sale via an ex­pres­sions of in­ter­est cam­paign.

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