76 Mooloomba Road, Point Lookout QLD 4183

This iconic "Old Straddie" property encompasses beach shack charm with significant financial potential. For over twenty years, it ran as a successful backpackers. Currently running as five units with excellent returns, this property is extremely flexible to any configuration that suits your vision for an island business and lifestyle.

This 2 storey freehold property has four self-contained one-bedroom units with either a private deck or courtyard each. The lower level has a large open plan fifth unit with 1 bedroom, a studio style bedroom area with walk-in wardrobe, bathroom and a large living and kitchen area.

The options are many. For example, continue as 5 separate residences or airbnbs. Or a retreat venue with accommodation and large common area. Or even just a great Straddie base for a few mates or a few families. All of this within walking distance to surf beaches, Gorge Walk, cafes and shops.

The "Old Backpackers" is situated in the heart of Point Lookout and is ripe for fresh energy to retain this sought after retro-style accommodation or create your own unique business opportunity.