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COMMERCIAL HOTEL

» COMMERCIAL HOTEL
72 Brisbane Road, Redbank, QLD, Australia

CBRE Hotels in conjunction with Power Jeffrey & Co are privileged to present to the market the freehold going concern interest in the Commercial Hotel, Redbank.

  • Located on a large 2,702sqm* parcel of land
  • Strong underlying gaming value with 24 authorities currently valued at approximately $4.2mil*
  • 41% above the LGA NMW per machine per day
  • Currently run under management – ideal acquisition for fund or owner operators
  • The hotel comprises of a sports bar, gaming room with 24 machines, indoor bistro, adjoining outdoor dining area, modern kitchen facility, walk-in bottle shop, four guest rooms and administration office to the first floor
  • Surrounded by traffic generators including Redbank Train Station, Ipswich Motorway and new $5bn light armoured vehicle
  • Redbank is 22km* south-west of Brisbane CBD and 10km* from central Ipswich

* approx

For sale by Expression of Interest, with campaign closing on 15th November 2018 at 2pm


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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