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Hotel business for sale in Townsville City

  • Hotel
  • Townsville City QLD 4810
  • Motivated Seller wants offers to purchase

Freehold hotel with increasing numbers and loads of development potential.

Suburban hotel very close to the CBD and short stroll to the new stadium that’s come of age with greatly increased numbers across the board including EGM figures. A development opportunity also exists with the premises to complement the massive neighboring developments already underway.

Why you should purchase this well-established licensed venue

Its Affordable
Landmark Townsville Hotel
Well Established
Super Location
5 Star Rating on Trip Adviser
2 Large Bars
Bottle Shop – Thirsty Camel Brand
15 x Electronic Gaming Machines
Approved 2.00am Gaming Licence
Keno
TAB    
Full Chefs Kitchen
Large Dining Area Seating 70
Garden Entertainment Area
Repeat Clientele
Huge Potential with City Plan
Easily Run
Experienced Staff
Well Presented
Well Maintained Premises
Commercial Space to Lease  

The Bellevue Hotel is a 2 minute drive from Townsville's CBD and is a South Townsville landmark that is currently owned by a passionate family owner operator with a long history in the liquor trade. You will understand the proud ownership with just one look at the hotel and the condition in which it’s has been kept. It’s a great opportunity that will suit a family operation, hotel group looking to expand or astute investor wishing to secure a rock solid investment with endless future opportunities in a great location.

The hotel has so much to offer day in day out in its well established suburban location servicing repeat clientele from 9.00am. There are many income streams for promotion and currently the owners have a weekly theme program that works well but can still be improved upon.

It has an excellent base of gaming turnover that is continues to have record months through 15 machines with a 2.00am gaming licence, large open public bar area with separate area for pool tables, refurbished and branded bottle shop with security, well patronized dining area serving quality meals at affordable prices from a fully functional chefs kitchen, Keno, a pub tab with refurbishment, a covered garden area with stage for entertainment.    

The Bellevue hotel is sited on 2 separate blocks totaling 1681m2. The current location and zoning allows for significant improvements to be made with height restrictions of 4 levels but possibly 8 with council dispensation, 2 minute drive from Townsville CBD, walking distance to the new stadium and entertainment centre. The new approved river promenade plan will include a foot bridge linking the city with Palmer Street which is also a short stroll form the Hotel.

Relocation of the Railway yards again on the way to the new stadium and entertainment centre to a new site will see massive residential development occur in that area. One developer is already touting a project that includes 400 units so it all bodes well for the future of the area.

If this great business opportunity is for you, to look is a must. The Seller is motivated and is genuinely looking for offers to purchase.

Denny Leet
Business Sales Group
Denny Leet
Business Sales Group

Business Highlights

Business ID2015511310
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Category
Last updated  8 Aug 2019
Map for Townsville City QLD 4810
Map for Townsville City QLD 4810Townsville City QLD 4810
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Denny Leet
Business Sales Group
Denny Leet
Business Sales Group

Business Highlights

Business ID2015511310
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Aug 2019
Business Sales Group
4 Meadowbrook Drive Aitkenvale QLD 4814
Denny Leet
Business Sales Group
Denny Leet
Business Sales Group

Ask Denny Leet about this business

Denny Leet

Denny Leet

Business Sales Group

Call Broker
0409 639 366
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