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Rosewood Hotel is up For Sale!

Offers over $648,000

6 John Street, Rosewood, Queensland

Rosewood Hotel is up For Sale!

A horse walks into a bar, really a horse did walk into this bar...
This is possibly a once in a lifetime opportunity, This beautiful hotel needs Renovation's (love), currently there are some long term tenants upstairs, returning over 8.7% gross yield, that's a great return with out even opening the Bar door's. With a little work this could be come the true middle of Rosewood, as a family hotel during the day and maybe a ghost themed hotel at night. The possibilities are endless with a building size of 532m2 and a land size of 2418m2

Highlights of the opportunity:
- licensed and it has been since 1870
- Free hold Hotel
- 2418m2 of free hold land
- Building size 532m2
- 2 story hotel and accommodation opportunity
- accommodation alone returns 8.7%
- Net income $61,300 per annum*
- Prime exposure along main retail strip
- Ample onsite car parking
- Large and regular shaped site
- 2 Ghosts ( according to several source's )
- potential theme restaurant / Ghost tour's
- 2 cool rooms
- Safe
- Multi tap bar area
-Recent and current government infrastructure investment's
:- library, fire station and police satiation
- Air base close
- current new housing boom in the town
-Population is in growth
- Grey nomads tourist trade town


This is a unique opportunity. Call Marc Mayberry 0401 784 555 today for your private inspection.


Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, however we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers should make their own enquiries to verify the information contained herein.

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Last updated: 18th August 2021

Summary

Property Type
Commercial
Contract Type
For Sale
Location
 Rosewood
State
 Queensland
Price
Offers over $648,000
Category
  • Land/Development
  • Hotel/Leisure

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Contact

Marc Mayberry