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CRITERION TAVERN/239 George Street Brisbane City QLD 4000

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

CRITERION TAVERN

  • High profile position
  • Large format 863sqmtavern
  • Long-term lease

CBRE Hotels are privileged to present to the market the leasehold interest in Criterion Tavern in the heart of Brisbanes CBD.

Key investment considerations include:
- High profile position assures itself continued upward trending performance as major traffic generators continue to come online
- Surrounded by a record $44 Billion in approved infrastructure projects currently shaping the cities landscape
- Large format 863sqm Tavern consists of multiple income streams and facilities including; main bar - servicing all areas, separate gaming room with 25 EGMs, sports lounge with U-Bet facilities, versatile function space, large bistro area, alfresco beer garden and DOSA
- Rare leasehold with 25 gaming authorities remaining with the property of the leasehold owners ($4.3m worth of underlying value as of August 2018)
- Long-term lease with walk in operation showing strong cash flow and large bottom line

AddressCRITERION TAVERN/239 George Street Brisbane City QLD 4000
ZoningPC1 - Principal centre (City centre)
CouncilBRISBANE CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2014587783
Floor Area863 m²
Land Area2,544 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  18 Dec 2019
Map for CRITERION TAVERN/239 George Street Brisbane City QLD 4000
Map for CRITERION TAVERN/239 George Street Brisbane City QLD 4000CRITERION TAVERN/239 George Street Brisbane City QLD 4000
CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

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