Grandchester QLD 4340

$750,000.00

Only Pub in Growth Area

Phone enquiries - please quote property ID 20716.

The Grandchester Hotel is positioned in an area that allows customers to travel together with families a short distance from major cities and to enjoy a quiet afternoon's relaxation away from the stress of city life.

The hotel is an ideal opportunity for a husband/wife partnership as it is easily run and is a sound investment in the future. A buoyant local economy, together with people moving into the area and new developments being constructed in nearby townships, all contribute to the future of the hotel.

The hotel has a full bar and dining facilities, with a full menu including specialty nights with pizza, burgers, and other forms of quality food. With work on the railway expected to bring between 20 to 40 railway workers to the area, additional opportunities will arise with the possibility of obtaining a contract from Queensland Rail to provide meals for them for breakfast, lunch, and dinner.

Further opportunities will arise to expand - either backward on the vacant land to the rear of the hotel or on the second title adjacent thrown in with the sale. Build ‘donga’ accommodation for the workers or others traveling through the area. The block next door is also suitable for the construction of an owner's home, freeing up the accommodation at the actual hotel. Additional opportunities are available to apply for a gaming machine license and open up the takeaway section to service the community.

If this is the type of hotel that you are looking for, an inspection will not disappoint and you will be keen to work with the locals, enjoy the feel of the area and the local heritage, and grow your business.



Key Features Include:

* family-orientated pub.
* Consistent net profit of $300,000 p.a.
* Versatile income streams - bar, bistro, bottle shop.
* Only pub in town
* Railway workers - currently 40 regulars but increasing to over 100.
* Manager and staff wish to stay.
* No renovations required to bar and dining areas
* Multi-functional poolroom
* Toilets are satisfactory.
* On the tourist route to the scenic rim of Queensland
* Only 5 days a week with an early closing.
* Ideal for the husband and wife team.
NOTE: Freehold available also.
Inspection will excite.

Property Details