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Pubs & Taverns

Royal Exchange Hotel

10 High Street , Toowong, QLD

Pubs & Taverns

Royal Exchange Hotel

10 High Street , Toowong, QLD

Auction |
Closing: 10 August 2021, 10AM

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  • Iconic Hotel positioned in prime city fringe location
  • 25 year triple net lease** to 2028 + 4 x 10 year options to 2068
  • ALH: subsidiary of ASX listed Endeavour Drinks (ASX: EDV) Australia’s leading liquor and hospitality business operator
  • Strategic 2,453 sqm* landholding with multiple bars, beer garden, gaming lounge with
  • 40 Gaming Machines plus 27 parking spaces
  • Busy on-site BWS with 3 further detached bottle shop licenses
  • Future development potential subject to relevant approvals
  • Net Income: $562,715 pa* – Easily managed investment
 
*Approx.
**Excl. land tax

Closing

10 August, 2021 at 10AM

Agent Details

Brent McCarthy

Pubs & Accommodation

Brent McCarthy

Director

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