Maryborough, Queensland
Opportunity in Maryborough, Dual-Lease Entertainment and Accommodation with Strong Income and Upside
$1,400,000
Business Description
Set in the heart of Maryborough, this landmark hospitality property presents a rare chance to own a versatile, income producing business with immediate cashflow and significant growth potential. The asset combines an established ground floor hospitality operation with upper level accommodation, held under two long term leases, creating stability and future upside for an investor or operator prepared to add value.
Picture a vibrant street corner venue, buzzing with patrons in a roomy beer garden, spilling into a lively nightclub and café area, while above, generous accommodation awaits refurbishment into fresh, character filled rooms. The structure carries two 30 year leases, each comprising 10 x 3 year options, delivering predictable rental income, with the current tenant covering all outgoings on the ground floor. The second lease offers room to revitalise living spaces at the lessee’s expense, including a new roof, unlocking renewed accommodation revenue once completed.
This is an attractive proposition for a hospitality investor, syndicate or an experienced operator seeking a multi faceted business that blends resilient leased income with hands on operational upside. With Maryborough benefiting from government incentives to improve the precinct, and the potential to secure up to three off premise licences for sub lease or direct operation, the long term prospects are compelling.
Key elements to note
• Price $1,400,000, total rent $114,000 per annum, CPI increases
• Two 30 year leases, 10 x 3 year options each, Lease 1 ground floor trading, Lease 2 accommodation refurbishment required
• Ground floor tenant pays 100% of outgoings
• Potential for 3 off premise licences, sub lease or operate
• Government incentives available in Maryborough, strong local upside
Seize this rare opportunity to acquire a cashflowing, multi component hospitality asset in a town on the move. Contact us today to arrange an inspection and to receive the full lease schedules and financials, secure your position in Maryborough’s revival.
Business Summary
Motel Information
Total Rooms: 18Liquor Licence: YesSale Type: -
Hotel Information
Total Rooms: 18Restaurant Facilities: -Liquor Licence: YesRestaurant: -Lease: -
Key Investment Insights
1. Price $1,400,000 with total annual rent $114,000, implying a gross yield of approximately 8.1%.
2. Two long dated 30 year leases, each with 10 x 3 year options, providing predictable, long term rental income.
3. Ground floor trading tenant pays 100% of outgoings, minimising landlord operating costs.
4. CPI linked rent increases, protecting income against inflation.
5. Upper level accommodation of 18 rooms requires refurbishment, with the lessee responsible for works including a new roof, offering capital-light upside.
6. Active ground floor hospitality operation featuring beer garden, nightclub and café areas, delivering immediate cashflow.
7. Potential to secure up to three off premise liquor licences, available for sub lease or direct operation, creating additional revenue opportunities.
8. Located on a prominent street corner in the heart of Maryborough, enhancing footfall and visibility.
9. Government incentives targeting precinct improvement, supporting local demand and asset value upside.
10. Attractive for investors, syndicates or experienced operators seeking a blended asset of resilient leased income and hands on operational growth.
