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Criterion Hotel

Criterion Hotel

Freehold Going Concern - $475,000

SOLD - Criterion Hotel, South Johnstone QLD - 1P0277


Alex Stagg

0406 856 710

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Criterion Hotel

Freehold Going Concern - $475,000


Fabulous Freehold QLD Hotel For Sale.

Well priced to sell by motivated vendor!

Beautifully presented, substantial hotel that is ready to be turned into an incredible money-maker!

Current owner has been here for last 26 years and is wanting to retire.

This is a huge opportunity for a family/couple/motivated individual to take advantage of the multiple income streams that this property could derive from food, beverage and accommodation.

Strong local patronage and 200 workers at the sugar mill only 300 meters down the road provides a demand for a venue that can offer lunch and dinner options.

Excellent living quarters on the premises and 8 rooms to rent out! You could live here, have a cash flow positive property and pay less than a house – you wouldn’t have to even open the bar!

Perfectly located on the main street in town where the train runs down the middle of the street and closely located to Qld’s No.1 tourist destination the possibilities and potential income here are limitless.

Key Features:

* The hotel enjoys strong local patronage
* Continuous stream of steady tourists heading to and from Paronella Park –
QLD`s number 1 tourist destination
* Great commercial kitchen ready for expansion of lunch and dinner offerings
* 8 x well-presented hotel style accommodation rooms
* New ice machine, glass washer and cool room motor recently replaced
* Space to hold large functions such as the annual bike show
* Close to major tourist destination and 200 workers at the sugar mill only
300m away
* Situated upon approx. 6,060m2 of Village (775) Zoned land (4150)

Call quick! An opportunity like this won’t last long!

Contact Alex Stagg at MHB direct on 0406 856 710 to book your inspection.

Agent Details

Alex Stagg | 0406 856 710

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