Key Investment Insights
AI generated. Confirm details with the seller.
1. Heritage-listed circa 1916 hotel, offering strong tourism and local landmark appeal.
2. Freehold title on 1,884 m² in the heart of Babinda’s main street, providing long-term asset security.
3. Reported net profit $243,372 for 2023/24, demonstrating current profitability.
4. Multiple accommodation assets, 18-room wings plus a main residence, supporting overnight revenue.
5. Fully licensed bar, restaurant and bottle shop, enabling diverse F&B income streams.
6. Gaming income via 3 licensed pokies and Keno, adding recurring cashflow.
7. Function room, café and timber deck with main street views, suited to events and hospitality trade.
8. Commercial kitchen, cold rooms, underfloor cellar and offices, indicating turnkey operational infrastructure.
9. Entertainment assets such as pool tables and a projector, enhancing patron experience and dwell time.
10. Multi-revenue business model combining accommodation, food and beverage, retail and gaming, reducing reliance on a single income source.
11. Motivated vendor, suggesting potential flexibility on price or terms.
12. Queensland Heritage Register listing likely drives visitor interest while implying conservation obligations to consider.