Key Investment Insights
AI generated. Confirm details with the seller.
1. Freehold sale includes bricks and mortar property, all plant and equipment, established income producing business and residence, offered FHGC for $895K plus SAV, vendor finance conditions apply.
2. Priced below government valuation and marketed as value for money, positioned to sell quickly.
3. Turnover circa $1.9M projected for 2025 FY, currently absentee‑owned and under management, enabling immediate passive income.
4. Completely renovated and modernised presentation, one of only two operating hotels in Queenstown, offering limited local competition.
5. Diverse revenue streams from bar sales, drive‑through bottle shop (Duncan's), accommodation, Keno, Tab outlet (only one in town), and 10 on‑site gaming machines owned by the operator.
6. Accommodation mix suits workers and tourists, comprising 12 backpacker rooms with four bathrooms, six refurbished en‑suite rooms with one still to be upgraded, plus upstairs modern one‑bedroom managers quarters.
7. Strong local support and demand from tourists and mine workers, supported by positive local mining activity and booming tourism.
8. Large main bar with a two‑year‑old glycol beer system (three fronts, five beers), gaming and social entertainment including 8‑ball, darts and jukebox.
9. Dining room/bistro seating for approximately 70 patrons and a well equipped commercial kitchen, supporting foodservice revenue.
10. Property scale and facilities include three titles, land approximately 2,500 m2, building area about 1,150 m2, zoned General Business, three cool‑rooms, workshop and storage.
11. Solar panels installed, contributing to operating cost efficiencies and sustainability credentials.
12. Opportunity for active owners or a working couple to increase
