SOUTH-BRISBANE FGC COMES TO MARKET

The Moss St International Hotel just south of Brisbane has come to market as its interstate owner divests to focus on operations closer to home.

Occupying 4,927 m² of Slacks Creek, around 20 minutes south of the Brisbane CBD, the pub is a landmark of the Moss St commercial and industrial area, and close to two Top-10 Queensland gaming venues.

moss-st-international_bar-and-gaming_jll_crp_lrIt boasts a functional layout, with public bar, TAB and 20 EGMs, bistro, upstairs function area, drive-thru bottleshop and admin offices. The large block holds mixed use zoning and development opportunity.

The private owner operates two other hotels in Victoria’s Bendigo, and seeks to devote his time to them rather than the International.

The freehold going concern asset is being marketed through JLL Hotels’ Tom Gleeson in conjunction with consultant Ron Currey, and the “rare entry level opportunity” to south-east Queensland is expected to attract a mix of both operators and developers.

“The Hotel’s flexible layout across two buildings provides an incoming purchaser numerous opportunities to increase business efficiencies while driving the revenue growth through a strategic reposition and rebranding,” said Gleeson.

The Moss Street International Hotel is being offered via an Expression of Interest campaign closing Thursday, 17 November.

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