Collinsville, Queensland
Collinsville Development Opportunity (Former Central Hotel) - 141HF
REDUCED FREEHOLD $395,000 + GST
Business Description
- 50% Vendor Finance is available at 7% over 3 years
- 12 Pub/Hotel Rooms (10 with sinks).
- Additional Accommodation: 3 bedroom unit and 1 bedroom unit.
- Facilities: Bar and Beer Garden, Dining Room, Commercial Kitchen.
- Parking: 35 sealed car spaces.
- Land Size: 2,429m2 (approx. 2/3 acre) on 2 titles.
- Colonial-Style Building with large verandah.
- Previously the Central Hotel - main street location.
- Potential to accommodate up to 30 people (STCA).
- Includes all equipment (excluding Atco installation).
- Not currently trading - priced below average home.
- Ideal for redevelopment, accommodation business, or spacious home.
- Owner selling due to health reasons.
- FREEHOLD HOTEL - Asking Price $395,000 + GST
Endless possibilities await - bring your vision and breathe new life into this rare regional opportunity.
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 141HF (quote when enquiring)
Property Code: 5215
Business Summary
Key Investment Insights
1. 50% vendor finance available at 7% over three years, lowering capital required at settlement and improving acquisition affordability.
2. Freehold hotel offered at $395,000 plus GST, priced below the average home, indicating strong value for land and building.
3. Existing accommodation stock comprises 12 pub/hotel rooms, 10 of which have sinks, plus a separate three-bedroom unit and one-bedroom unit, enabling multiple revenue streams.
4. On-site hospitality facilities include a bar, beer garden, dining room and commercial kitchen, providing turnkey infrastructure for food and beverage operations.
5. 35 sealed car spaces on a 2,429m2 site across two titles, offering substantial parking and potential for expansion or redevelopment.
6. Colonial-style building with a large verandah and main-street location, offering heritage appeal and strong street presence for tourism or hospitality uses.
7. Previously trading as the Central Hotel, the property has an established hotel layout and local recognition, reducing market reintroduction effort.
8. Potential to accommodate up to 30 people subject to council approval, indicating scope to increase capacity and revenue.
9. Sale includes all equipment except an Atco installation, reducing immediate capital expenditure to resume operations or refurbish.
10. Not currently trading and owner selling due to health reasons, presenting a timely acquisition opportunity but likely requiring refurbishment and reactivation work.
11. Two titles provide flexibility for subdivision, alternate development concepts or separate ownership structures, subject to approvals.
12. Marketing positions the site for redevelopment, continued accommodation business or conversion to a spacious private residence, signalling diverse exit or use options.
