Fishery Falls, Queensland
71HF - HISTORICAL ICONIC HOTEL ON NATIONAL HIGHWAY
SOLD
Business Description
Freehold hotels rarely come to market and this is an excellent hotel for anyone looking for the ultimate lifestyle change.
Fishery Falls Hotel is located on National Highway 1, with daily traffic of 28,000 vehicles passing the Hotel located on the southern outskirts of Cairns and close to the Great Barrier Reef, the Daintree Rainforest, Port Douglas and all the other beautiful and pristine locations this region has to offer.
This is a long established and very popular hotel complete with bistro, drive-thru bottle shop, accommodation and heaps of room to expand both the accommodation and gaming revenue.
Fishery Falls Hotel provides a new owner the chance to reap the rewards of this long-established, historic hotel, originally built in 1906, and rebuilt in 1939.
This successful business is the local place to go for all occasions like grabbing a delicious bite to eat, entertainment, accommodation, sports bar including 3 poker machines and it is a pitstop to drive through and grab your alcohol.
Fishery Falls Hotel is offering you the chance to be your own boss, work your own hours and earn a great income.
There is great patronage from itinerant workers, tourists and repeat local clientele, that will have you making a profit from day-one.
It’s the only Pub within 30km, and is an icon for the weekend Cairns residents, Motorcycle clubs, and passing northbound and southbound travellers.
A new Truck/ Caravan Stop across the road has many trucks stopping for a shower, a great feed and sleep before heading north or south again.
Further, Greater Cairns is continually heading further south in its development and it is expected that Fishery Falls will have more Hobby Acreage sites and an influx of residents, who will enjoy a short commute to reach Cairns Industrial workplaces, but enjoy an idyllic existence in the lush rainforests of Fishery Falls.
Return of 20% on Freehold Going Concern
Net Profit $245,833 for 2020/21
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 71HF (quote when enquiring)
Property Code: 3603
Business Summary
Key Investment Insights
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.
