Torrens Creek, QLD 4816

Hotel/Leisure | Other

Sold $555,000

  • Property ID: 416727
  • Floor Area: 2000m²
  • Land Area: 13000m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 2000m2 13000m2 N/A
Country Lifestyle along with Profitable Business - Freehold Business

Phone enquiries - please quote property ID 29434.

This iconic pub on the busy Flinders Highway is not only the hub of the small community of Torrens Creek but also an important stopover for truckies, tourists, and those commuting between Townsville and their homes in Central and Western Qld. This busy hotel, motel, and van park are now offered for sale.

This very profitable operation is easily run by a couple with the addition of a couple of casual staff during the busy periods or alternately enjoy a peaceful country lifestyle with the addition of some permanent staff.
The current owners have seen continual growth since purchasing in 2016, increasing turnover by over 330% with more untapped potential yet to be recognised.

With the sealing of the Aramac Torrens Creek Road almost completed this growth is set to continue.
Turnover for the 2021/22 financial year reached $1,000,000 (excluding GST) with approx 25% net return after also investing in continual improvements.

FEATURES
* Bar
* Beer Garden
* Dining Room
* Pool Table
* Accommodation - 5 Motel Rooms, 8 Pub Rooms
* Caravan Park with 12 powered sites and a large unpowered area
* Swimming Pool
* Managers Quarters
* Fuel Bowsers
* Generator capable of running hotel building during power outages
* Hotel Building painted in 2021
* 1.3-hectare grounds
* Separate Shop Space currently underutilized

LOCATION
The Flinders Highway connects Townsville with Mt Isa.
Torrens Creek is 160km west of Charters Towers and 90km east of Hughenden.
The Aramac Torrens Creek Road joins the Flinders Highway at Torrens Creek after 269 km with any services.

IN THE AREA
White Mountains National Park
Moorrinya National Park

Freehold Price $550,000 + SAV
Leasehold sale to approved purchases $195,000 + SAV

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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