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ROYAL GEORGE HOTEL (THE RG)

» ROYAL GEORGE HOTEL (THE RG)
Cnr Brunswick Street & Ann Street, Fortitude Valley, QLD, Australia

First time freehold going concern offered to market in 20 years

  • Strong cash flows week in week out, year after year – consistent large hotel operation
  • Long established trend resistant business with enviable revenue spread from gaming, bars, bistro, cafe, 32 accommodation rooms and TAB
  • 38 gaming machines (40 approved) in immediate proximity to China Town Mall demonstrating year on year growth
  • Commanding Brunswick Street Mall corner location
  • An estimated 10,000 new apartments under construction or planned within minutes walk of the hotel
  • Includes Brisbane icons Ric’s Bar/Ric’s Backyard and Brunswick and Ann
  • 1,537sqm (approx.) site zoned Principal Centre (City Centre) offering Development Potential up to 15 storeys
  • Capital City hotel offering national operators ideal trading platform for expansion

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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