The CBRE Team of Danny Betros, Paul Fraser, Glenn Price, and Daniel Dragicevich have sold the landmark Queensland Pub
The landmark Queensland Hotel situated in Cairns Central Business District is on a high profile 7,076sqm* site. Features of the hotel include:
- 1,335sqm* trading footprint with favourable 3am Liquor Licence and 35 Gaming Gaming Machine Authorities.
- High vaulted ceilings in the main bar with never to be replaced heritage features, making it a truly unique hotel.
- Commanding beer garden with large projector screen utilised for broadcasting most major sporting events.
- 'Breakaway' area allowing flexibility for function and conference space.
- Consistent revenue streams and balanced trade mix, presenting a solid base to further grow revenue across all departments.
- Located opposite the Woolworths anchored Orchid Plaza Shopping Centre and within close proximity to the foreshore & pier, Reef Casino and numerous accommodation hotels and backpackers.
- Current substantial Development Approval to reconfigure the hotel and beer garden, which affords the incoming operator the ability to maximise the trading performance across all revenue streams.
- Cairns Courthouse Hotel is currently owned and operated remotely ensuring immediate upside by hands-on operations from an owner operator.
For sold details, please email the agent below.