Key Investment Insights
AI generated. Confirm details with the seller.
1. Rare opportunity to purchase a freehold hotel on National Highway 1.
2. High daily traffic of 28,000 vehicles passing by the hotel.
3. Located on the southern outskirts of Cairns, close to popular tourist destinations such as the Great Barrier Reef and the Daintree Rainforest.
4. Long established and popular hotel with bistro, drive-thru bottle shop, accommodation and potential for expansion.
5. Historical hotel, originally built in 1906 and rebuilt in 1939.
6. Strong patronage from itinerant workers, tourists and repeat local clientele.
7. Only pub within 30km, making it a popular destination for weekend residents, motorcycle clubs, and passing travellers.
8. New truck/caravan stop across the road provides additional business opportunities.
9. Expected growth in the area with the development of hobby acreage sites and an influx of residents.
10. High return of 20% on freehold going concern.
11. Net profit of $245,833 for 2020/21.
12. Opportunity for new owner to be their own boss and earn a great income.
13. Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
14. Property ID: 71HF (quote when enquiring).
15. Property Code: 3603.