Top Pub Cooktown – All Reasonable Offers Considered!

Top Pub Cooktown – All Reasonable Offers Considered!

Top Pub Cooktown – All Reasonable Offers Considered!

About this Property

Off Market Hotels have been exclusively appointed to offer for sale “THE TOP PUB’ located in Cooktown, for sale by Private Treaty. The vendor is motivated for a sale and will look at all reasonable offers for the business or freehold going concern.

KEY HIGHLIGHTS:
  • FREEHOLD HOTEL WITH COMMERCIAL LICENCE
  • ACCOMMODATION, BARS, F&B
  • LEASEHOLD OPPORTUNITY AVAILABLE
  • Strong trading figures for many years
  • Presents well and ready for a new operator
  • Opportunity for gaming
  • On-site accommodation for staff and management
  • Retail through detached bottle shop

Contact Shane for more information about this property.

Shane Mullins

State Manager

0447 185 001

Carlton Hotel Maryborough – Passive Investment Hotel Sale

Carlton Hotel Maryborough – Passive Investment Hotel Sale

Carlton Hotel Maryborough – Passive Investment Hotel Sale

About this Property

Off Market Group is pleased to present a prime passive investment opportunity in the thriving Maryborough, QLD. This exceptional hotel investment offers two secure leases, each with a 30-year term (10 x 3 years), ensuring a robust ROI of 8%. Lease 1 covers the bar and restaurant, generating $50,000 per annum with CPI increases, while Lease 2 secures $60,000 per annum from the accommodation business, both with 50% outgoing contributions (excluding building insurance). Totaling $110,000 in annual rent, this strong-performing bar and accommodation business is poised for further growth, with potential for three off-premise licenses that can be subleased or operated by the leaseholder.

Seize this opportunity as Maryborough is set to flourish with government incentives aimed at enhancing the site.

KEY HIGHLIGHTS:
  • Prime Passive Investment: Secure a robust 8% ROI with two long-term leases in place.
  • Dual Revenue Streams: Bar & Restaurant lease at $50,000 per annum and Accommodation lease at $60,000 per annum, both with CPI increases.
  • Low Outgoings: Leaseholders contribute 50% of outgoings, excluding building insurance.
  • Substantial Annual Rent: Total rent of $110,000 per annum from strong-performing businesses.
  • Long-Term Security: Both leases offer 30-year terms (10 x 3 years each).
  • Growth Potential: Potential for 3 off-premise licenses that can be subleased or operated.
  • Thriving Location: Maryborough is on the rise, with government incentives available to enhance the site.

Contact Damian for more information about this property.

Damian Monahan

Sales Agent Sunshine Coast

0498 204 926