Grand Hotel Bundaberg/87-89 Bourbong Street Bundaberg Central QLD 4670

On behalf of the mortgagee in possession, CBRE Hotels are pleased to present the opportunity to acquire the Grand Hotel Bundaberg.

Key investment highlights:
- Beautifully presented brick building on a prime 2,024sqm CBD corner site.
- Recently completed $1m renovation of the main bar, restaurant, function facilities and large beer garden with direct laneway access.
- 543sqm of high exposure retail tenancies located in Bundaberg's main streets, there is huge potential to have leases across the entire building established.
- 27-room accommodation suitable for 90-bed backpackers with communal amenities.
- Multiple revenue streams across food, beverage, accommodation and retail leases.
- Perfect opportunity for an owner-operator or passive investor looking to maximise their SMSF.
- Ability to acquire as a passive, long term investment or as a going concern.
- Full commercial licence available (currently suspended).