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Press Release – Heritage Hotel at Rockhampton for Sale via Auction

The Heritage Hotel at Rockhampton in central Queensland is being offered for sale via auction by Ray White Hotels Australia on behalf of Receivers and Managers.

The 110 year old heritage-listed hotel at 228 Quay Street, Rockhampton, is being marketed by Leon Alaban and Brent McCarthy of Ray White Hotels Australia under instructions from John Park and Kelly-Anne Trenfield of FTI Consulting.

Mr Alaban said the Heritage Hotel is a three storey building overlooking the Fitzroy River and is surrounded by historic buildings in the Rockhampton CBD.

“The hotel was extensively refurbished in 2005 and it comprises three bars, a gaming room with 14 EGMs, function rooms, a manager’s residence and office areas, a restaurant with a commercial kitchen and 20 accommodation rooms,” he said.

“The accommodation rooms are located on the second floor and some rooms have views of either the Fitzroy River or the Rockhampton CBD.”

Mr McCarthy said the freehold estate and business assets of the hotel was being offered for sale with vacant possession.

“The hotel is on a land area pf approximately 809 sqm and has frontage to Quay St, Williams St and Quay Lane,” he said.

“The hotel is zoned ‘Precinct 1 – Commercial Precinct Central Business District Retail Core’ under the provisions of the Rockhampton City Plan.”

The auction will be held at Level 26, 111 Eagle Street, Brisbane, at 10.30am (AEST) on Friday, November 13, 2015.

ENDS    

For more information:

Leon Alaban                            Brent McCarthy

Mb: 0422 011 455                   Mb: 0448 355 329

About Ray White

Ray White is the largest real estate and property group in Australasia. The company, established in 1902 at Crows Nest in Queensland, has almost 1,000 individual offices spread across Australia, New Zealand, Indonesia and India as well as newer offices in key locations in the Asian region and the United Arab Emirates. The brand is represented by more than 8,000 staff, has an annual sales turnover in excess of $30 billion and manages more than 300,000 rental properties.

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