Brisbane City, Queensland

Asking Price $850,000

Property Description

Brisbane CBD Leasehold Franchised Hotel

Walking distance to Queen Street Mall, South Bank, Courts, Suncorp Stadium, Railway Stations.

Long lease (30 years remaining, which consists: 5 years remaining in the initial term, plus 5 x 5 years’ further term options).

Supported by Franchise Group.

58 compact private guest rooms, consists: single, queen, twin, triple & family rooms.

1 manager’s room.

Guest laundry facility.

Garage for 1-2 vehicles.

Basement restaurant (currently vacant) with potential to bring additional revenue or additional rental income.

Food licence & liquor licence in place.

FY 2019 occupancy 71%. Trading figures are available upon request.

All genuine offers considered.

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

Feng Group Investment Pty Ltd

Feng Group Investment Pty Ltd

Feng Group Investment Pty Ltd

Phil Keats
Feng Group Investment Pty Ltd

Phone

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Map Location ( get directions )

Brisbane City, Queensland 4000 Exact map location not provided

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