Nanango, Queensland

EXCEPTIONALLY RARE LEASEHOLD IN CBD LOCATION. CLUB AT THE REAR, WALK TO SHOPS - 1916ML

SOLD

Business Description

- 12 units in the heart of town, backs onto the services club and is an easy walk to the shops.

- New 30 year lease from commencement (10+ 10+ 2x 5 year options).

- Adjoins main club and opposite Council Chambers, this offers an outstanding convenient location for guests and has a high return trade.

- Compact location - easy to operate for tenants / operators.

- Strong trading history and repeat trade.

- Under 2 hours to coast and Brisbane.

- Ideal long-term holding that could easily be upgraded and grow the business considerably.

- Comfortable 2 bedroom unit adjoining reception area at the front of the property.

- Easy Maintenance - no pool, small barbeque and lawn area with concrete car parking.

- Exceptional opportunity for income and a low maintenance property that could easily be automated and run remotely.

Detailed property report and summary available.

Some of the top tourism activities in and around Nanango include:


1. Pioneer Park Museum: This outdoor museum showcases the history of the South Burnett region through a collection of historic buildings and artifacts

2. Ringsfield House: This historic homestead dates back to the 1800s and offers tours of the house and gardens

3. Nanango Country Markets: Held on the first Saturday of every month, these markets offer a variety of local crafts, produce, and food

4. Tarong Power Station: Located just outside of Nanango, the Tarong Power Station offers tours of the facility and a look at the process of generating electricity.

In 2020, the Tarong Power Station announced plans to build a new 26 MW solar farm adjacent to the existing power station. The solar farm will consist of approximately 80,000 solar panels and will generate enough energy to power around 4,000 homes.

This new solar farm is part of a larger plan to transition the Tarong Power Station to a more sustainable energy mix. The power station has already added a 44 MW solar farm to its facilities, which has helped to reduce its reliance on coal and decrease its carbon emissions.

The expansion of the Tarong Power Station's solar capacity is a positive development for renewable energy in Australia. It demonstrates a commitment to reducing carbon emissions and transitioning to a more sustainable energy future.

1. Bunya Mountains National Park: This nearby national park offers hiking, camping, and stunning views of the surrounding countryside

2. Wineries: The South Burnett region is known for its wine production, and there are several wineries in and around Nanango that offer tastings and tours

3. Events: Throughout the year, Nanango hosts a variety of events, including the Nanango Country Music Festival and the Nanango Show

Overall, Nanango offers a unique blend of history, natural beauty, and cultural experiences for tourists to enjoy.

Net Profit: $87,784 for 2021/22


Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1916MF (quote when enquiring)

Location: Nanango is the second-largest town in the South Burnett (as well as the 4th oldest town in Queensland) and has a population of around 4,500 residents. It is a moderately large country town and has a very friendly and informal atmosphere. The CBD features impressive chainsaw sculptures and murals which reflect the town's historical connections with timber-felling, farming and mining. The CBD area has convenience and food stores, a supermarket, restaurants and petrol outlets. Two cellar doors are also located within a few blocks of the centre of town. Major annual events include the international Criterium Bike Race (held in Nanango's CBD in February); the Nanango Show (held at the Nanango Showgrounds in April); the Nanango Arts Festival (week in June; the Nanango Country Music Muster (held at the Showgrounds in September; the week-long Pioneer Festival (October) and the Christmas Carnival (December).

Property Code: 4485

Business Summary