Prime Investment Leasehold Sale: Sandgate Post Office Hotel
Newly Fitted with Strong Cashflow and Growth Potential
Under Contract
About this Property
Impeccable Hotel: Full On-Premise Operations with Robust Food Offering!
Off Market Group/Hotels is pleased to extend an exclusive invitation for the leasehold sale of this landmark property. Exuding timeless charm, this destination venue features an elegant gastro-pub restaurant, a bustling main bar, a whiskey vault, and inviting alfresco dining spaces. The owners have met the market and are seeking an exit, presenting a prime investment opportunity.
KEY HIGHLIGHTS:
- Brand new pub with a $2 million plus fit-out, located just 200 meters from the ocean in the rare Sandgate beachside location.
- 19 years remaining on the lease.
- Situated in a strong demographic with an established market and low competition.
- Large food base with above-average food & beverage/bar margins of 69% – 73%.
- Rent is less than 8% of sales.
- Opportunity for 3 x DBS outlets.
- Ideal for gaming, with potential for 20 gaming authorities.
- Strong repeat clientele and substantial function business.
- Solid team in place, offering a full turnkey operation.
- Owners are now looking to focus on other business interests.
Contact Chris for more information about this property.
Chris Cameron
Principle Director
0408 192 490
Leigh Metzeling
Sales Executive
0488 842 007