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Pubs & Taverns

Acacia Ridge Hotel

1386 Beaudesert Road, Acacia Ridge, QLD

Pubs & Taverns

Acacia Ridge Hotel

1386 Beaudesert Road, Acacia Ridge, QLD

Expression of Interest |
Closing: 20 May 2021, 4PM

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  • Leading South East Queensland gaming hotel leasehold
  • 12 year lease with 5 x 10 year options, leased from Hotel Property Investments (ASX: HPI)
  • Monthly Gaming Turnover average over $7m+ per month
  • Licenced gaming room hours approved until 4am, 7 days per week
  • Recent $2.5million* CAPEX upgrade completed in April 2019
  • Large format drive through bottle shop, multiple bars & conferencefacilities complemented by 34 room motel and 190* space car park
  • Operation currently run under full management with upside levers in gaming, conference, function, food and bar trade
  • Strategic location on main arterial road 14km* from CBD

* Approx.

Closing

20 May, 2021 at 4PM

Agent Details

Brent McCarthy

Pubs & Accommodation

Brent McCarthy

Director

HTL-Property-Andrew-Jolliffe

HTL

Andrew Jolliffe

Managing Director

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