Address: Regent Street, Coen QLD

Off Market Group is pleased to present to market the freehold going concern of the Exchange Hotel Coen. Located on over 3.45 acres of land boarding the Coen River. The camping ground (approximately 3 acres), caters for all types of travellers up and down the Cape. The area is supported heavily with government influence. This is a real opportunity to own a piece of history.

KEY HIGHLIGHTS:

• Net Profit $404,000 – 27% ROI

• The hotel sits on 3.45 acres of land

• Well maintained building in the main street of Coen

• Strong cashflow business, with exceptional forecasts on projects in the region

• Heavily supported by a variety of travellers, corporate, tourism & fishing within the region

• Good mix of accommodation, liquor & meals

• Range of accommodation options, fully self-contained motel rooms, donga’s and campground

• 5 bedroom residence for owner, 2 bedroom staff donga & 1 bedroom staff unit

Contact Shane for more information about this property.

Off Market Group is pleased to present an exceptional passive investment opportunity in the thriving town of Maryborough, QLD. The Criterion Hotel offers a robust 8% ROI with two long-term leases in place. This versatile property, featuring a bar, café, nightclub, beer garden, and accommodation, is poised for growth with government incentives and expansion potential. Secure your investment in this dynamic market.

KEY HIGHLIGHTS:

• Prime Location: Situated in the heart of Maryborough, a town on the rise.
• Strong ROI: Enjoy a solid 8% return on investment with reliable tenants.
• Versatile Offering: Includes a bar, café, nightclub, beer garden, and accommodation.
• Long-Term Leases: Two 30-year leases (10 x 3 years each) with annual CPI increases.
• Stable Income: Total rent of $114,000 per annum with tenants covering 100% of outgoings.
• Expansion Potential: Potential for 3 off-premise licenses to be subleased or operated by the leaseholder.
• Government Incentives: Benefit from local government support to enhance the site.

This is a rare opportunity to invest in a thriving hospitality hub with multiple revenue streams and long-term security. The Criterion Hotel Maryborough is a high-performing asset with significant growth potential. Don’t miss out on securing a profitable investment in a market poised for expansion.