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. Rare opportunity to own a historic Queensland landmark, listed on the Queensland Heritage Register.
2. Prime location in the heart of Babinda's main street.
3. Multiple revenue streams including a fully licensed bar, bottle shop, restaurant, cafe, function room, and accommodation.
4. Potential for further development and growth with a motivated vendor.
5. Net profit of $243,372 projected for 2023/24.
6. Includes amenities such as pool tables, Keno, licensed pokies, and a projector.
7. Commercial kitchen, offices, cold rooms, and underfloor cellar.
8. Accommodation wings with 18 rooms and a main residence.
9. Opportunity to own a piece of Queensland history.
10. Contact Dale Shearer from Tourism Brokers for further information or to arrange an inspection.