AUSSIE NOMAD SEEKS NEW MASTER

In On the Market by Clyde Mooney

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The sprawling Aussie Nomads hotel facility in thriving Bowen has come to market, offering a diverse business in a region bursting with tourism, agriculture and mining.

Bowen is situated in the north of the Whitsundays – gateway to the Great Barrier Reef – around 45 minutes north of Airlie Beach. The region is cited as having the potential to become the “economic powerhouse” of north Queensland, with its multiple arenas of opportunity.

Population is expected to exceed the State’s annual growth rate, reaching 50,000 by 2037, with a whopping annual visitor population of nearly five million people.

Aussie Nomads comprises the Aussie Tavern, with single-person bar service and Keno, and approval for 16 gaming machines. A commercial kitchen services an open-plan dining area seating up to 50-pax, overlooking the swimming pool.

Beside the Tavern is the bottleshop, and beyond that a free-standing structure of around 470sqm that reopened as a nightclub mid-2017, and trades outside of low season in peak summer. The Aussies’ Red Dog Saloon has capacity for 300 patrons, late-night weekend licence, stage area, mechanical bull and two walk-in cold rooms.

The accommodation is made up of 25 rooms, configured for 123 beds. Ten of the rooms have their own ensuite, while the other 15 share communal amenities.

FY18 showed $1.219m turnover, with 47.3 per cent of total revenue deriving from the accommodation.

The pub also holds title to a vacant parcel of land of 8,078sqm with development approval for 22 freestanding cabins for short-term occupancy. 

The business has been listed with CBRE’s Shane Mullins, who notes its potential amid continued investment in primary industry sectors and tourism.

“Aussie Nomads is well placed to benefit from growth in each of these areas,” he says. “The property has secured valuable farm positions for workers for almost a decade, which has driven income across all areas of the business.”

The freehold going concern of Aussie Nomads is for sale via Expressions of Interest, closing Thursday, 28 February.