21 Cambridge Street, Mitchell, Queensland

An Iconic Country Renovator Hotel in the Heart of Mitchell

Expressions of Interest

Business Description

The Hotel Mitchell possesses all the attributes of a renovator's delight.
Large under roof footprint of 2,379m2 in reasonable condition for its age including 15 accommodation rooms and a two-bedroom manager's unit.
Demand for workers accommodation in the town is increasing with the growth of regional projects. Jump in now and position yourself for success in the near future.
Please read the Investment Summary to the end. This is currently a non-operational business with major upside.
Expressions of interest campaign closes at 5pm Monday the 27th of April.


**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

Business Summary

Marketing Agent
Jason Vogler
Jason Vogler

Key Investment Insights

AI generated. Confirm details with the seller.

1. Iconic country hotel located in the heart of Mitchell, offering strong local recognisability and location appeal.
2. Large under roof footprint of 2,379m2, providing substantial space for renovation, repurposing or expansion.
3. Property currently in reasonable condition for its age, indicating lower immediate capital required versus derelict assets.
4. Contains 15 accommodation rooms, enabling an operational accommodation offering upon reopening.
5. Includes a two bedroom manager's unit on site, supporting onsite management and operational continuity.
6. Currently non operational, presenting a value add opportunity for an investor to refurbish and relaunch.
7. Rising demand for workers accommodation in the town driven by regional projects, creating near term revenue potential.
8. Described as a renovator's delight, signalling clear upside for refurbishment, repositioning or increased ADR and occupancy.
9. Time sensitive sales process, expressions of interest campaign closes at 5pm Monday the 27th of April.
10. Listed by Ras360, specialists in motels, hotels, pubs, parks and management rights, providing sector expertise for a buyer.
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Backpacker/Hostels, Motels For Sale

You may also like

Rare Beachfront Holiday Management Rights Opportunity
PREMIUM WATERFRONT CARETAKING ONLY - $213K+ INCOME | Resort Brokers ID : MRC009300
Sought After Complex – Prestigious Suburb!!
Caretaking Opportunity with No Requirement to Live Onsite
THE MIGHTY MURRAY RIVER IS CALLING - 2440ML
Motel Investment, Rural Service Heart that is Gore
Classic Kiwi Motel Lease Opportunity in Gore
Complex Management / Caretaking Opportunity
Taree Freehold Motel with Genuine Growth Potential - 1284MF
OUTSTANDING $338K NETT INCOME WITH EXCEPTIONAL BODY CORPORATE SALARY
Townsville Customs House | A Landmark of North Queensland’s History
Don't Regret Missing Out On This One - 1585ML
Cambridge Champion FHGC
Mermaid Beach-Caretaking Only
The Gem on Brisbane City Fringe - ID 8862
Caretaking Only - No office hours - no real estate purchase or licence required | Resort Brokers ID : OTP009307
Low real estate buy-in required, 2.6 x multiplier, 38% ROI
Spicers Sangoma Retreat