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Historic 126 Year Old Hotel In Queensland For Sale

Wallaville, Queensland
Asking Price:
$250K - $500K (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
$50K - $100K (AUD)

Hotel and backpacker accommodation in the heart of the citrus growing and small crop area. Always plenty of work for the 88 day rural 2nd year visa for backpackers.
This hotel is on 2freehold blocks with 26 bed accommodation.

Commercial kitchen and dining room = backpackers kitchen = managers quarters = beer garden = 8 rooms upstairs showers and toilets. bar area down with 6 types of beer on tap.

200 year old trees on spare block.

Room for Improvement.

Priced to sell.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Real Property Included

Living Accommodation:

double bedroom with lounge/ kitchen combination with verandah own shower and toilet

Location:

Largest citrus growing area in Queensland - clean fresh environment = no smog or allergic dusts in quiet small town 2 klms off the Bruce Highway and on corner of the two main streets in Wallaville

Premises Details:

Very old two storey wooden building with 14ft ceiings timber floors upper and concrete lower. Huge bar area with direct pull from kegs to taps.

Planning Consent:

All classifications are in place and current. There are no approvals in place for expansion

Business Operation

Expansion Potential:

excellent opportunity for expansion on the 2 blocks for dongas or units to cater for more backpackers

Competition / Market:

Zero chance of another hotel being built but every chance of further development in the citrus growing industry The nearest hotel is 10 klms away

Reasons for selling:

both owners are in their seventies and finding the work too hard now

Trading hours:

Flexible

Employees:
3
Years established:
1896

Other Information

Support & training:

Two weeks of our time for training and or advice

Furniture / Fixtures value:
$80,000 (AUD) - included in the asking price
Website:
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