Ingham, Queensland

2588MF - SECURE FREEHOLD GOING CONCERN HOTEL, MOTEL AND RETAIL SHOPS

REDUCED FREEHOLD $3,300,000

Property Description

First Time Offered in 50 years, the opportunity to buy the Freehold Going Concern of the Original 'Pub with No Beer' fame.

- REDUCED BY $185,000

- A secure 15% plus return on investment.

- Strong performing tourism and mining region.

- Main bar with spacious Bistro (Herbert Valley Steakhouse), 10 EGM's, Keno and beer garden

- 20 renovated accommodation rooms and ensuites

- Onsite manager's accommodation

- A Licence Application for an additional 10 poker machines is currently underway

- Long standing hair salon tenancy with rolling monthly agreement from 2010 and is indexed to CPI

- Fashion retail outlet tenancy commenced in 2017 with 27 years remaining within agreement, also indexed with CPI increases.

- New tenancy to local newsagent increasing foot traffic to the area and adding an extra $200,000 in capital value

- Owner’s appetite to focus on an addition portfolio purchase within the accommodation sector

Tourism Brokers is proud to present the original iconic Queensland 'Pub with No Beer' made famous by Slim Dusty for sale, profit earnings in excess of $515,000 per annum from Rent and Hotel Operations.

The pub which now has plenty of beer, accommodation and three retail shops, provides an excellent opportunity to invest in a piece of Australian History and secure a high yielding return on one’s investment.

Net Income: $515,508 for 2020/21


Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2588MF (quote when enquiring)

Locaton: Located 110 kilometres north of Townsville and 220 kilometres south of Cairns, the country township of Ingham is located in the heart of the tropics. It is the southern gateway to the Wet Tropics World Heritage-listed rainforests of Tropical North Queensland. West of Ingham is Australia's highest sheer drop waterfall, Wallaman Falls. North-east of Ingham is the majestic Hinchinbrook Island. The region has no less than six recreational National Parks, State Forests and islands, making it a very special part of the North Queensland region.

Property Code: 3789

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
Antonio Curulli
Antonio Curulli

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Business For Sale - Lifestyle Permanent Management RIghts - ID 9031 BL
Realistic Vendor - Keen To Sell
Not Required to Live Onsite
Located in Eight Mile Plains
Rare Large Townhouse Complex - High Renumeration
Quiet Townhouse Complex
Solid Investment - Motivated Vendor
Great Value Management Rights in Loganlea
Low Multiplier - Realistic Vendor - Potential For Growth
Brisbane CBD - Motivated Vendor
82HF - THRIVING QLD PUB WITH FANTASTIC ROI
Business For Sale - Large Varsity Lakes Permanent - ID 8941 H
ONE OF QUEENSLAND'S LARGEST MANAGEMENT RIGHTS PORTFOLIO’S TO HIT THE MARKET | Resort Brokers ID : MR006896
Secure this rare FREEHOLD motel on prime coastal reality with KNOCKOUT views! | Resort Brokers ID : FH006910
FREEHOLD CARAVAN PARK IN NORTH WEST QLD OFFERED WITH RETURN OF OVER 16%
2667ML - A GREAT SIZE MOTEL WHERE NUMBER OF ROOMS IS KING
2404ML - A SMALL PRICE TO START YOUR MOTEL CAREER
1114ML - BLUE CHIP WATERFRONT BOUTIQUE LEASEHOLD HOTEL