Warrnambool Backpackers and commercial properties exceed agent expectations

MM
By Madeleine McNeil
Updated December 23 2021 - 11:13pm, first published December 22 2021 - 6:30am
Potential: The Warrnambool Backpackers sold to local investors this week for about $1.8 million. The sale price exceeded original expectations of $1.5 - $1.6 million.

The Warrnambool Backpackers in Stanley Street has sold to a group of local business people for a figure believed to be around $1.8 million.

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