DUARINGA HOTEL & CARAVAN PARK

Description

Off Market Hotels are please to present for sale the Duaringa Hotel & Caravan Park by way of Private Treaty.
The property represents a strong 20%+ ROI.
Duaringa is located approximately 110 kilometres, west of Rockhampton on the Capricorn highway. A one hotel town supported by the town of Duaringa, surrounding farming (crops & cattle), road tech, rail maintenance, Ergon Energy, Grey Nomads and travellers. The region is rich in mining and tourism.
Rockhampton is the epi-centre for supplies, shopping, and has daily flights to & from Brisbane.
The hotel opened on 1892 and today comprises public bar, lounge & bar, dining room, kitchen, 14 accommodation rooms ( four ensuite queen rooms), managers accommodation, including lounge & office.
The caravan park is located behind the hotel on two separate land titles comprising powered & camping sites and is included in this sale. A real time opportunity to expand and capitalise on corporate partners.
The hotel weekly turnover is currently approximately $13.5k, under management & can be substantially improved with an owner operated husband & wife team.
Vendors have suggested they will consider trading a house or unit with cash adjustment either way.
For all enquires please contact Shane Mullins 0447 185 001

INVESTMENT HIGHLIGHTS

• T/O $13.5k+ weekly
• Situated on nearly 10,000sqm
• Run under management
• Room for further expansion
• Public bar, lounge & bar & dining room, with full commercial kitchen
• 14 accommodation rooms (four ensuite queen rooms)
• Managers accommodation, including lounge & office
• Vendors will consider trading a house/unit with cash adjustment either way

Details