Well-established CBD Hotel with Gaming & Accommodation - 1P6039
SOLD
Business Description
A unique opportunity to acquire a well-established Hotel with significant development potential. For the first time in 23 years, this iconic property, located in a prime corner position within the CBD, is on the market.
It is a central hub for the local community and visitors being the only establishment in the area offering a bar, gaming room and bottle shop. The nearest comparable facilities are approximately 30kms away, highlighting the strategic importance and monopoly advantage of this property.
1. Established Hotel with significant development potential
2. Located in a prime corner position within the CBD
3. Iconic property with 23 years of operation
4. Central hub for the local community and visitors
5. Only establishment in the area offering a bar, gaming room, and bottle shop
6. Nearest comparable facilities are approximately 30kms away
7. Strategic importance and monopoly advantage of the property
8. Potential for expansion and growth in the future
9. Strong and loyal customer base
10. Well-maintained and modern facilities
11. Opportunity for new owners to put their own stamp on the business
12. Diverse revenue streams from bar, gaming, and bottle shop
13. Prime location with high foot traffic and visibility
14. Potential for increased profits through marketing and promotions
15. Experienced and dedicated staff in place
16. Option for live-in accommodation for owners or managers
17. Potential for partnerships with local events and businesses
18. Strong financial performance with consistent profits
19. Opportunity for new owners to capitalize on the growing CBD market
20. Rare opportunity to acquire a well-established CBD Hotel.