The Lucinda Point Hotel Motel has hit the market, strategically located on north Queensland’s tourist trail beside idyllic Hinchinbrook Island.
The Hotel occupies a large 4,056sqm site on main drag Keast Street, with dual street frontage and easy access to the Bruce Highway.
It features a public bar with TAB, restaurant, alfresco area, beer garden that is also used as a function area, six motel rooms and ten new villas, a swimming pool and drive-through bottleshop.
Major capital injection circa $3.5 million was completed late 2021, used to renovate throughout and construct the 10 short-stay villas.
Lucinda is a coastal town of less than 500 people, in the Shire of Hinchinbrook. It is known for its commercial fishing and sugar exports – famous for a six-kilometre-long jetty, said to be the longest in the southern hemisphere and the world’s largest bulk sugar loading facility.
Located roughly midway between Townsville and Cairns, and opposite the breathtaking World Heritage-listed Hinchinbrook Island – home to the storied Thorsborne Trail, rated one of the top 10 walks on the planet – Lucina is a popular destination for the growing ‘self-drive’ tourism markets.
Marketing literature notes strong goodwill from both loyal locals and visitors, seeing consistent repeat business in a prime fishing and holiday location, and expectations are that buyers will “jump” at such a strategically located asset.
“The recent addition and improvements provide an incoming operator the opportunity to further capitalise on the venue’s revenue growth,” offers Savills Hotels’ Leon Alaban, marketing the property with colleague Taylor Morris.
“Furthermore, the current owner has successfully been granted the approval to operate 10 gaming machines, subject to purchase and installation.”
The freehold going concern of the Lucinda Point Hotel Motel is being sold via Expressions of Interest, closing Wednesday, 16 November.
