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1 Logandowns Drive Meadowbrook QLD 4131

  • Hotel / Leisure
  • Floor Size5,934 m²
  • PriceFor Lease, FOR LEASE VIA EOI

THE MEADOWBROOK HOTEL

  • Top 20 gaming venue in Queensland
  • Rare security of long lease term 39yrs
  • 40 EGMs turnover predicted over $66mil

This leasehold opportunity anchored in one of Queensland’s highest performing gaming Local Government Areas truly affords an incoming purchaser one of the strongest cash flow pub businesses of 2017.

Key Investment Highlights:
-Top 20 gaming venue in Queensland- up from 117th in January 2015
-40 EGMs turnover predicted to be over $66 million for 2017, up 32% since 2016
-Surrounded by significant demand drivers including Logan Private and Public Hospital, Griffith University and Woolworths Anchored Shopping Center
-Rare security of long lease term (39yrs approx.)
-Rent currently set at market, with undeniable ability to further increase revenue across the entire business
-Located in a prime commercial precinct in a growth corridor between Brisbane and the Gold Coast ​

Property Highlights

Property ID11526531
Floor Area5,934 m²
Land Area5,934 m²
ParkingAsk Agent
Building TypeWhole building
Category
Last updated  27 Feb 2019
Map for 1 Logandowns Drive Meadowbrook QLD 4131
CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

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