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Hotel/Leisure For Sale found in ROCKHAMPTON CITY, QLD 4700

Properties located in the surrounding suburbs

HOTEL FREEHOLD FOR SALE - ROCKHAMPTON

Hotel/Leisure | Industrial | Offices

Country Pub with 10 Boarding rooms~ upstairs or redevelopment site, the price will surprise!!
An absolutely amazing opportunity now exists to purchase this quaint hotel in this high traffic exposed, North Rockhampton location. Positioned on a very generous 1,608*m2 corner allotment on two titles, the site boasts a two storey Hotel and fully concreted, expansive carpark with dual street access driveways.
The Hotel has a main bar with a relaxed country atmosphere, a bistro / function room area and 10 boarding rooms upstairs. There is also potential for re-opening a drive through bottle shop~^ with a second cold room.
This site has enormous potential and will require a bit of renovating for an Owner-Operator Publican or a redevelopment site~ in the future.
- 1,608*m2 corner allotment on two titles
- Two storey Hotel
- Large concreted carpark, dual access
- Main bar and cold room with beer taps
- Bistro / Function room with second bar
- 10 Boarding rooms, lounge, toilet and bathroom facilities upstairs
- Second cold room in old drive through area
- Redevelopment Potential~
*approx.
~STCA - Subject to Council Approval
^Subject to liquor licencing laws
***photos for display purposes, taken mid 2016.

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Price: $199,000 + GST    Building: 600m²    Land: 1608m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Rockhampton City, QLD 4700

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $2826 $299 10.56%
Retail $2004 $238 11.87%
Industrial $2600 $333 12.81%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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