Visit this listing at https://www.sbx.com.au/business?id=TTQD1074

Business Code: TTQD1074

Key Features: Freehold Hotel - Marlborough QLD Location

State: QLD

Suburb: Marlborough, 4705

Location: Small country town approx. 1 km. off main highway in central coast of Queensland.

Description

Freehold country hotel with 12 room accommodation. - Under leasehold. - Serving a lunch and dinner menu. - 4 poker machines (vendor is licensee) - A very welcoming hotel with single public bar and lounge dining area that flows through to a large covered and concreted outdoor entertainment area and large caravan park - Recent maintenance done. - Nett return 10.85%

Summary

  • Features: Well established. - Cash flow positive. -Great returns. - Excellent sound investment. - Very reasonable price. - No competition. - Established long term lessee in place.
  • Potential: Could take advantage of mining influx and put more accommodation on the vacant land. Could improve land facilities for more campers/ travellers.
  • Premises: Older style single storey timber building in good condition with a classic red awning at front on 3.5 acres.
  • Trading Hours: (Lessee operating 7 days)
  • Lease: New 10 year lease has been signed from 2017 - C.P.I. yearly increases - Lessee pays insurance, rates and all outgoings.
  • Employees: Lessee is husband and wife team.
  • Comments: Town has primary school, general store, post office, ambulance with helipad. -Bank guarantee matched to C.P.I. that increases yearly - Only long drive stop for truckles and short stay for FIFO mining workers.

Weekly Summary

Rent

$1,879

Price

$789,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Freehold - Hotel - Investment

Business Code: TTQD1074

Key Features: Freehold Hotel - Marlborough QLD Location

State: QLD

Suburb: Marlborough, 4705

Location: Small country town approx. 1 km. off main highway in central coast of Queensland.

Description

Freehold country hotel with 12 room accommodation. - Under leasehold. - Serving a lunch and dinner menu. - 4 poker machines (vendor is licensee) - A very welcoming hotel with single public bar and lounge dining area that flows through to a large covered and concreted outdoor entertainment area and large caravan park - Recent maintenance done. - Nett return 10.85%

Summary

  • Features: Well established. - Cash flow positive. -Great returns. - Excellent sound investment. - Very reasonable price. - No competition. - Established long term lessee in place.
  • Potential: Could take advantage of mining influx and put more accommodation on the vacant land. Could improve land facilities for more campers/ travellers.
  • Premises: Older style single storey timber building in good condition with a classic red awning at front on 3.5 acres.
  • Trading Hours: (Lessee operating 7 days)
  • Lease: New 10 year lease has been signed from 2017 - C.P.I. yearly increases - Lessee pays insurance, rates and all outgoings.
  • Employees: Lessee is husband and wife team.
  • Comments: Town has primary school, general store, post office, ambulance with helipad. -Bank guarantee matched to C.P.I. that increases yearly - Only long drive stop for truckles and short stay for FIFO mining workers.

Weekly Summary

Rent (ex GST)

$1,879

Price

$789,000

 Print

Enquire about this listing