8 Locke Street, Warwick, Queensland
Historic Warwick Gem Hits the Market
Freehold Going Concern For Sale by Private Treaty
Business Description
Savills Hotels are pleased to offer to market, the stunning Abbey Boutique Hotel, located at 8 Locke Street, Warwick Queensland.
With its heritage charm and strategic location two* hours southwest of bustling Brisbane and an hour* south of Toowoomba, this historic gem is a rare find.
The heritage listed boutique hotel is positioned on a large 1ha* corner site, situated directly off the 327km* Cunningham Highway, serving as a crucial transportation route between the Darling Downs region and the urbanised outskirts of Ipswich.
The asset is for sale through Kathryn Brassington and Leon Alaban of Savills Australia.
Steeped in history and surrounded by picturesque landscapes Abbey Boutique Hotel boasts a beautifully restored convent building dating back to 1891. Its facilities comprise of a long room, two (2) private dining rooms, two (2) lounge rooms, boardroom, chapel, function room, office, marquee, two (2) bedroom manager’s residence and 18 charming hotel rooms.
Leon Alaban, Head of Hotels – Savills Hotels Australia said, “The regional accommodation market has benefitted from steady growth in recent years driven by increasing domestic and international tourism, as travellers seek authentic and immersive experiences”.
Kathryn Brassington, Associate Director – Savills Hotels Australia said, “The hotel’s picturesque surroundings and historic charm make it a popular choice for couples seeking a romantic getaway, wedding venue or corporate groups looking for a unique meeting space. The successful buyer is provided with the opportunity for increased profitability with development approval having been secured for the construction of eight cabins. This will allow for an increased revenue stream and further enhancement of the guest experience”.
Nestled along the Condamine River and surrounded by fertile agricultural lands, Warwick is more than just a historic town—it's a vibrant and growing community brimming with events and festivities. From the renowned Warwick Rodeo, one of the largest rodeo events in Australia, to its rich farming heritage, this charming locale captivates visitors year-round.
Kathryn Brassington, Associate Director – Savills Hotels Australia said, “Buyers in search of freehold going concern hotels offering a sound return on investment should carefully consider this unique opportunity”.
The Freehold Going Concern of Abbey Boutique Hotel is being offered for sale by way of private treaty through Savills Australia.
Business Summary
Key Investment Insights
1. The Abbey Boutique Hotel is a historic gem located in Warwick, Queensland.
2. The hotel is situated on a large 1ha corner site, directly off the Cunningham Highway.
3. The hotel boasts a beautifully restored convent building dating back to 1891.
4. Its facilities include a long room, two private dining rooms, two lounge rooms, a boardroom, chapel, function room, office, marquee, a two-bedroom manager's residence, and 18 hotel rooms.
5. The hotel is for sale through Kathryn Brassington and Leon Alaban of Savills Australia.
6. The regional accommodation market has experienced steady growth in recent years, driven by increasing domestic and international tourism.
7. The hotel's picturesque surroundings and historic charm make it a popular choice for romantic getaways, weddings, and corporate events.
8. The successful buyer has the opportunity for increased profitability with development approval for the construction of eight cabins.
9. Warwick is a vibrant and growing community with events and festivities year-round, including the renowned Warwick Rodeo.
10. The Freehold Going Concern of Abbey Boutique Hotel is being offered for sale by private treaty through Savills Australia.
