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
Key Investment Insights
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.
