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1 McCulloch Avenue
Margate QLD 4019
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1 McCulloch Avenue Margate QLD 4019

  • Hotel, Motel, Pub & Leisure
  • 1,531 m²
  • For Sale, Contact Agent

Exceptional South-East Queensland Beachfront Hotel with Substantial Trading Upside

  • Waterfront location - never built-out
  • 57 guest rooms & suites
  • Substantial trading upside

- 57 rooms & suites, restaurant, rooftop bar, conference facilities, gym & carparking
- Outstanding market reputation with limited branded hotel competition and significant undersupply of accommodation options in the region
- Sophisticated contemporary design with many rooms offering bay views and private balconies
- Extremely close proximity to outstanding demand drivers including the Redcliffe Hospital & Kayo Stadium home of the NRL Redcliffe Dolphins
- Accor franchise agreement in place that generates consistently strong booking demand
- Large rooms & premium Sebel brand that command a strong ADR
- EBITDA $1.917 million FY25 (Forecast)

For Sale via Expressions of Interest closing Tuesday 21 May 2024

For more information, please contact the exclusive selling agent.

Property Highlights

Floor Area1,531 m²
Land Area1,531 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019183269
Category
Last updated  16 Apr 2024
Map for 1 McCulloch Avenue Margate QLD 4019

Property Highlights

Floor Area1,531 m²
Land Area1,531 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019183269
Category
Last updated  16 Apr 2024
Level 27/180 George St Sydney NSW 2000

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