Property Description

76HF - HISTORICAL HOTEL, GREAT POTENTIAL, AND $142,500 RETURN ON INVESTMENT

Great Hotel, with a proud history, now needing a new lease of life possibly improving the accommodation, and or starting your own Brewery.... or even a paddock to plate Beef restaurant to augment the highly profitable Pub Grub culture in the Bistro and Bar.

This Regional Coastal Far North Queensland Hotel has the space, facilities and is located only a few hundred metres from National 1 Highway with over 27,000 daily cars travelling both South and North to expand into higher yielding accommodation, and tourism value creation activities.

This beautiful country Queenslander style hotel in tropical far north Queensland being the only pub in town boasts two bars (one with a 6m x 4m stage and three-phase power), seven rental rooms all with ceiling fans (one with air conditioning), hand basin and wall mounted televisions. Each room opens onto the three metre (nine foot) wide veranda with a view to the Atherton Tableland.

Highlights:

- A "Catering Away clause" in the licence which allows the sales of alcohol anywhere in Qld

- A standalone pub with no "Big Brother" breweries - can sell any beer of your choice

- 2 x bars

- 7 x accommodation rooms

- 2 x residential units

- 9 x bathrooms

- 2 x laundries

- Commercial kitchen with gas stove and two pizza ovens

- Air conditioned

- Gas and Electric hot water system

- Separate shop could be used for extra income with lease potential

- Fenced 1,647 sqm

- Freehold Hotel

Net Profit: $142,500 Average 2 year

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 76HF (quote when enquiring)

Property Code: 3732