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Country Character. Proven Business. Potential Plus - 155hf For Sale

Nanango, Queensland, Australia
Asking Price:
FREEHOLD $3,100,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Prime freehold hotel in the centre of Nanango.

- Asking price: $3.1 million + SAV (approximately $150,000).

- Application lodged and currently pending for 20 gaming machines.

- Dedicated space/room already identified and set aside for the proposed gaming operation.

- Significant potential gaming income upside should the application be approved.

- Excellent bottle shop.

- Restaurant with multiple dining areas.

- Significant accommodation upside with approximately 7–8 upstairs bedrooms.

- Two large rooms, three smaller rooms, plus the option of a manager’s residence utilising a further 2–3 rooms.

- Additional land offering future accommodation expansion potential (STCA).

- Strong exposure to locals, travellers and regular monthly Saturday market crowds, among the largest in the region.

- Character country hotel with genuine long-term growth potential.

- Currently trading without gaming, providing an incoming purchaser with an established business and substantial potential upside.

Adjusted Net Profit: $601,116

Property ID: 155HF (quote when enquiring)

Property Code: 5500