Backpacker hostel

Discussion in 'What to buy' started by Sienna, 11th Mar, 2020.

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  1. Sienna

    Sienna New Member

    Joined:
    10th Mar, 2020
    Posts:
    1
    Location:
    Melbourne
    I was just wondering has anyone ever invested in a backpacker hostel in South Yarra previously? What’s expected cap rate in this industry? Is there company that deals with the management of hostel you could recommend and the expected expenses on operating the hostel.
    Thanks
     
    Sienna, 11th Mar, 2020
    #1