ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Unique Opportunity To Buy Two Outback Queensland Hotels

cobandco

Ever wanted to own an outback Aussie hotel? Well now is your chance to own not one but two.


The Cobb & Co Hotel, St George and Rams Head Hotel, Millmerran have recently been put up for sale with

CBRE agents Glenn Price and Don Watson-Brown handling the sale.


The sale of each Queensland property involves the freehold going concern interest, with the properties to be sold “as is” incorporating fittings, fixtures and chattels.


The sale will include their Commercial Hotel Licence: The Cobb & Co with 19 Gaming Machine Authorities and Rams Head Hotel with 11 Gaming Machine Authorities. The licences carries the ability to approve three detached bottle shops.


“The sale of each property provides an opportunity for hotel operators and investors to secure well-appointed country hotels underpinned by capital values, namely the gaming machine authorities, the unimproved site value and the improvements on the land,” Mr Price said.


The Cobb & Co Hotel is located within the Balonne Shire Council.  St George is situated approximately 500km west of Brisbane and approximately 100km from the NSW state border.


cobb-co-hotel-qld-6232


St George is part of the greater Balonne region, which is known for its agricultural heritage and is located on the banks of the Condamine River.


“The hotel offers the incoming operator a traditional “country style” pub with a public bar and sports bar, a paved beer garden, eight accommodation rooms and a three bedroom manager’s flat with a drive through bottle shop onsite,” Mr Watson-Brown said.


The Rams Head Hotel is located near the centre of the Millmerran township approximately 80km from Toowoomba and approximately 200km from the Brisbane CBD.


It comprises a two storey brick and timber building with a main bar, PubTab, drive through bottle shop, beer garden, dining room and gaming lounge.


There are 10 hotel rooms, communal bathrooms and a three bedroom manager’s residence located on the upper level.


“The township of Millmerran is situated on the Gore Highway, which provides a link between Toowoomba and Goondiwindi on the NSW state border,” Mr Watson-Brown said.


“It services an agricultural area within the Darling Downs, with primary production industries within the immediate region including stud and beef cattle, poultry, pork and sheep, grain and cotton farming.”

ADVERTISEMENT
TOP STORIES
CONTRIBUTE TO THE CONVERSATION
Show Comments
advertise with us
The Urban Developer is Australia’s largest, most engaged and fastest growing community of property developers and urban development professionals. Connect your business with business and reach out to our partnerships team today.
Article originally posted at: https://https://theurbandeveloper.com/articles/unique-opportunity-to-buy-two-outback-queensland-hotels