SUGAR CAPITAL KALAMIA HOTEL TO MARKET

In On the Market by Clyde MooneyLeave a Comment

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The refurbished Kalamia Hotel is on the market, in Australia’s sugarcane capital in north Queensland.

Ayr is located about 90 kilometres’ south-east of Townsville, part of the Burdekin Shire, which produces the most sugarcane per square kilometre in the country.

The Kalamia Hotel occupies a 3,746 m² block on Queen Street and comprises a public and lounge bars, nightclub/function room, beer garden, bistro including full commercial kitchen, dual-lane drive-through bottle shop, and eight accommodation rooms plus a two-bedroom manager’s residence.

There is also a Keno room and gaming room with 10 EGMs, with approval for up to 35 machines.

It is being marketed by Ray White Hotels’ Christian Tsalikis and Leon Alaban, with strong financial history.

“The hotel is popular in Ayr and enjoys main street frontage and solid trade growth,” reports Tsalikis.

The Kalamia is being offered for sale via Expressions of Interest, closing Wednesday, 19 April.

 

To keep up with what pubs are on the market, bookmark PubTIC’s Pub Real Estate page for listings.

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