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. Freehold ownership of a heritage-listed building circa 1916, offering long-term asset control and potential capital appreciation.
2. Large site area of 1,884 m2 in Babinda’s main street, providing prominent street frontage and high local visibility.
3. Fully licensed operation including bar, bottle shop and restaurant, supporting multiple revenue streams.
4. Additional revenue channels from a cafe, function room and timber deck with main street views, suitable for events and hospitality diversification.
5. Accommodation component with 18 rooms plus main residence, enabling lodging income and integrated guest services.
6. Commercial-grade infrastructure including commercial kitchen, offices, cold rooms and underfloor cellar, reducing immediate capital expenditure for operations.
7. Gaming and entertainment amenities such as pool tables, Keno and three licensed pokies, contributing to ancillary revenue.
8. On-site projector and facilities conducive to events, functions and community use, enhancing utilisation rates.
9. Reported net profit of $243,372 for 2023/24, indicating current positive cash flow and operational viability.
10. Motivated vendor and listing via Tourism Brokers, suggesting potential for negotiated terms and facilitated sale process.
