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Pubs & Taverns

Harrigan’s, Calypso Bay

Harrigan's Lane, Jacobs Well, QLD

Home Assets For Sale Pubs & Taverns Harrigan’s, Calypso Bay

Pubs & Taverns

Harrigan’s, Calypso Bay

Harrigan's Lane, Jacobs Well, QLD

EXPRESSION OF INTEREST |
Closing: 27 June 2024, 4PM

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  • Extremely rare South East Queensland coastal Freehold Going Concern Hotel offered to the market for the first time since construction.
  • Absolute waterfront, purpose built, large format hospitality asset comprising multiple bars, a modern bistro, outdoor dining and function spaces, gaming room with 11 gaming machines and 3 detached bottle shop licences.
  • Only Hotel servicing the burgeoning $2 billion* Calypso Bay masterplanned community. Home to 5,500* residents upon completion.
  • Located in the Ormeau to Oxenford growth corridor, the fastest growing SA3 in Queensland – Expected to grow by 100,000* people in the next 15 years (source: QLD Gov)
  • Currently run under management. Interstate, non-hotelier owners. Significant operational upside presented by a more ‘hands on’ management approach. Undercapitalised wedding and function trade.
  • 11 tightly held South East QLD gaming machine authorities. Underlying entitlement value circa $4,500,000* (Source: business.qld.gov.au).
  • Expansive 5,165sqm* allotment with a 55 metre* absolute water frontage, directly onto the Calypso Bay Marina. 5-star boating facilities that provide access to The Broadwater and Moreton Bay.
  • 50 minutes* drive from both Brisbane Airport and Coolangatta Airports. Only 20 minutes* from the Gold Coast and some of Australia’s most popular beachside and tourism destinations.
  • Capitalise on the historically high South East Queensland economic growth forecast: including, but not limited to; strong net interstate migration and population growth, strong mining related GDP growth, increased international and domestic tourism, infrastructure spending and investment in the leadup to the 2032 Olympics.
* Approx.

Closing

27 June, 2024 at 4PM

Agent Details

Glenn-Price

Pubs

Glenn Price

Director

0402 623 298 Contact Glenn
HTL-Property-Andrew-Jolliffe

HTL

Andrew Jolliffe

Managing Director

0438 733 447 Contact Andrew
HTL-Property-Xavier-Plunkett

Pubs

Xavier Plunkett

Investment Sales

0402 915 824 Contact Xavier

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