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Pubs & Taverns

Commercial Hotel, Biloela

62-64 Kariboe Street, Biloela, QLD

Pubs & Taverns

Commercial Hotel, Biloela

62-64 Kariboe Street, Biloela, QLD

Expression of Interest |
Closing: 8 July 2021, 4PM

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  • High yielding Freehold Going Concern – Circa 18% ROI
  • 20 tightly held Coastal Region Gaming Machines valued at $2,450,000 based on the most recent Tender 47 (24 March 2021 – $122,250 per authority)
  • Hotel has been run under leasehold arrangement for over 8 years
  • Robust long-established business
  • Well diversified revenue streams – 80 seat bistro, gaming lounge, public bar with TAB, sports bar and beer garden
  • 22 accommodation rooms and 2-bedroom managers flat
  • Adjoining 622sqm* parcel of land also available

*Approx.

Closing

8 July, 2021 at 4PM

Agent Details

Brent McCarthy

Pubs & Accommodation

Brent McCarthy

Director

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