Bluff, Queensland

72HI - LEASED PREMISES - SOLID INVESTMENT IN GROWTH AREA

SOLD

Business Description

Leased investment on the Capricorn Highway Queensland. This is a good long term strategic holding that is very profitable for the landlord and the tenant.

Approximately 1,000 people living and working in the area with three operational mines nearby and the coal train change-over depot just across the road. The business is very, very strong.

The long-term owner is retiring and has leased the business to a solid professional tenant. A strong tenant making solid returns.

Featuring a corner block with 15+ caravan sites (12 powered) at the rear of the hotel used for caravans and overflow accommodation in addition to vehicle parking.

There are two connecting bars servicing the pub and the manager's accommodation has three+ bedrooms.

The hotel offers:

- 7 spacious accommodation rooms.

- Well regarded Restaurant onsite.

- Main bar with lounge and dining area.

- Excellent function room.

- Commercial kitchen.

- 5 Poker machines, pool table and juke box.

- Covered beer garden.

- Solar Power saving the tenant and business more money and strengthening the operation.

- Only Hotel in town

- Approximately 4,057 m2

Annual Rent: $80,600 plus GST per annum

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 72HI (quote when enquiring)

Property Code: 3724

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

1. Located in a high-growth area with a strong and stable economy.
2. Strategic holding with long-term potential for both landlord and tenant.
3. Large customer base of approximately 1,000 people living and working in the area.
4. Proximity to three operational mines and a coal train change-over depot.
5. Strong and profitable business with a solid professional tenant.
6. Corner block with 15+ caravan sites and 12 powered sites for additional income.
7. Two connecting bars servicing the pub.
8. Manager's accommodation with three+ bedrooms.
9. 7 spacious accommodation rooms.
10. Well-regarded on-site restaurant.
11. Main bar with lounge and dining area.
12. Excellent function room.
13. Commercial kitchen.
14. 5 poker machines, pool table, and jukebox for additional revenue.
15. Covered beer garden.
16. Solar power system for cost savings and strengthening the operation.
17. Only hotel in town.
18. Large land area of approximately 4,057 m2.
19. Annual rent of $80,600 plus GST.
20. Opportunity for further growth and development in the future.
Listing location

This Business is sold

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