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96 Charlotte Street Cooktown QLD 4895

  • Hotel, Motel, Pub & Leisure
  • 2,530 m²
  • For Sale, $2,950,000 (excl. GST)

HIGH NET PUB IN COASTAL TOWN 15% ROI

  • Strong trading figures for many years
  • ROI circa 15%+
  • Strong retail in DBS

Off Market Hotels have been exclusively appointed to offer for sale the 'TOP PUB' located in Cooktown, for sale by Private Treaty.

The Top Pub is a long established pub, rich in history and has a strong on-premise business and strong retail. The hotel presents very well and is a local attraction to both tourists and the region. The hotel is located in the main strip in Cooktown.

The business is supported by exceptional food, bars, KENO and TAB. The detached bottle shop is located in the only local shopping centre, under a long lease.

Bar sales are over $21k per week, Food $4-5k per week, and Retail over $40k per week in retail sales. On-site accommodation equates to $50k per year.

There is a real opportunity for an astute operator to access licenses for gaming to take this proposition to the new level.

Cooktown is the gateway to Cape York Peninsula, with 50+ thousand travellers on an annual basis making their way to the tip. The majority of these travellers, pass through Cooktown and during the season, making this township hum for a number of months.

Cooktown is the base for the entire Far North Queensland Communities, with a strong presence of many government agencies, QLD health servicing the region. Corporate clients, service the region from Cairns, with services daily. Fisheries, live export for Coral Trout, fishing charters, Barramundi, deep sea fishing and the exceptional Marlin grounds, accessing the Ribbon Reefs and Great barrier Reef are all year round.

For further information contact Shane Mullins 0447 185 001

Shane Mullins
Off Market Hotels & Off Market Group
Shane Mullins
Off Market Hotels & Off Market Group
Chris Cameron
Off Market Hotels & Off Market Group
Chris Cameron
Off Market Hotels & Off Market Group

Property Highlights

Property ID2017387464
Floor AreaAsk Agent
Land Area2,530 m²
ParkingOn street parking
Building TypeWhole building
Annual Return15%
AvailabilityVacant
Category
Last updated  5 Nov 2021
Map for 96 Charlotte Street Cooktown QLD 4895
Map for 96 Charlotte Street Cooktown QLD 489596 Charlotte Street Cooktown QLD 4895
Shane Mullins
Off Market Hotels & Off Market Group
Shane Mullins
Off Market Hotels & Off Market Group
Chris Cameron
Off Market Hotels & Off Market Group
Chris Cameron
Off Market Hotels & Off Market Group

Property Highlights

Property ID2017387464
Floor AreaAsk Agent
Land Area2,530 m²
ParkingOn street parking
Building TypeWhole building
Annual Return15%
AvailabilityVacant
Category
Last updated  5 Nov 2021
Off Market Hotels & Off Market Group
106/45 Brisbane Road (la Balsa Building) Mooloolaba QLD 4557
Shane Mullins
Off Market Hotels & Off Market Group
Shane Mullins
Off Market Hotels & Off Market Group
Chris Cameron
Off Market Hotels & Off Market Group
Chris Cameron
Off Market Hotels & Off Market Group
Shane Mullins

Shane Mullins

Off Market Hotels & Off Market Group

Chris Cameron

Chris Cameron

Off Market Hotels & Off Market Group

0447 *** ***
0447 185 001

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