Ipswich, Queensland
Owner Instructs the Property Must be Sold. Hotel in the Heart of Ipswich CBD - 1P5417
SOLD
Business Description
CRE Brokers as Exclusive Agents present for sale this prime Freehold Hotel. Operate as is - or fully reimagine and repurpose the business. Indeed a rare opportunity to acquire a prime, stunning hotel with genuine architectural aesthetics and plenty of upside. Key attributes include:
. Two-storey pub investment featuring a modern bistro, beer garden, lounge bar, night club, function rooms;
. High traffic flow, 578m2 Brisbane Street corner lot;
. Popular top of town precinct - dining and entertainment hub;
. Huge garage-sized cold room;
. Substantial fit-out works recently completed;
. 3am licence on Friday and Saturday nights;
. Room for EGMs;
Business Summary
Key Investment Insights
1. Prime location in the heart of Ipswich CBD, with high traffic flow and a popular dining and entertainment hub.
2. Stunning architectural aesthetics and modern fit-out, with potential for further improvements and repurposing.
3. Two-storey building with multiple revenue streams, including a bistro, beer garden, lounge bar, night club, and function rooms.
4. Large garage-sized cold room, providing ample storage space for food and beverages.
5. Recent fit-out works completed, reducing the need for immediate renovations or upgrades.
6. 3am license on Friday and Saturday nights, allowing for extended trading hours and potential for increased revenue.
7. Opportunity to introduce electronic gaming machines (EGMs) to the venue, providing an additional revenue stream.
8. Freehold property included in the sale, providing long-term security and potential for future development or expansion.
9. Potential for new owners to put their own stamp on the business and implement their own ideas and vision.
10. Rare opportunity to acquire a well-established and highly regarded hotel in a sought-after location, with plenty of upside potential.