Babinda, Queensland
A Unique Investment Opportunity - 133HF
FREEHOLD $2,200,000
Business Description
Presenting the historic Babinda State Hotel, an iconic Queensland landmark built circa 1916 and proudly listed on the Queensland Heritage Register. This rare freehold opportunity spans 1,884 m2 in the heart of Babinda’s vibrant main street.
Historic Hotel Building:
- Fully licensed bar, bottle shop, and restaurant.
- Cafe, function room, and timber deck with main street views.
- Accommodation wings with 18 rooms and main residence.
- Commercial kitchen, offices, cold rooms, and underfloor cellar.
- Additional amenities: pool tables, Keno, 3 licensed pokies, projector, and more.
With a motivated vendor, this multi-revenue business offers a prime investment with exceptional potential. Don’t miss this rare chance to own a piece of Queensland history.
Net Profit: $243,372 for 2023/24 as provided by vendor
Contact Dale Shearer from Tourism Brokers for further information or to arrange an inspection.
Property ID: 133HF (quote when enquiring
Property Code: 5150
Business Summary
Key Investment Insights
1. Heritage-listed circa 1916 building, offering strong historical appeal and tourism draw.
2. Freehold site of 1,884 m2 located in the heart of Babinda’s main street, providing prominent street frontage and visibility.
3. Fully licensed bar, bottle shop and restaurant, supporting immediate hospitality revenue.
4. Cafe, function room and timber deck with main street views, enabling daytime trade and event hire income.
5. Accommodation wings with 18 rooms plus a main residence, offering accommodation revenue and owner-operator flexibility.
6. Commercial kitchen, offices, cold rooms and underfloor cellar, indicating ready-to-operate food and beverage infrastructure.
7. On-site gaming and entertainment features including 3 licensed pokies, Keno and pool tables, diversifying income streams.
8. Projection equipment and function facilities support events, film nights and group bookings as additional revenue channels.
9. Multi-revenue business model combining accommodation, F&B, retail bottle shop and gaming, reducing reliance on a single income source.
10. Reported net profit of $243,372 for 2023/24, providing a clear recent earnings benchmark.
11. Motivated vendor and listing via Tourism Brokers, suggesting potential for negotiation and streamlined sale process.