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THE ELEPHANT HOTEL/230 Wickham Street
Fortitude Valley QLD 4006
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Sold on 7 Feb 2020

THE ELEPHANT HOTEL/230 Wickham Street Fortitude Valley QLD 4006

  • Hotel, Motel, Pub & Leisure
  • 1,237 m²
  • Sold

THE ELEPHANT HOTEL

  • High profile inner city asset
  • Secure long term cash flow
  • Repositioning and value add opportunity

CBRE and JLL are pleased to present The Elephant Hotel at 230 Wickham Street is for sale.

Key investment highlights:
- High profile character building with an expansive range of adaptive re-positioning strategies
- Secure long-term cash flow from long standing Elephant Hotel either as a tenant or as a going concern
- Incredibly inner-city location in the heart of Brisbanes entertainment precinct.
- Multifaceted hotel and business operation with strong performing bottle shop and underlying gaming value

There are two options available when purchasing the asset:

A prospective purchaser can acquire the property as a freehold going concern, taking on The Elephant Hotel, Greaser Bar, The Foundry, Prosperity Lounge and the detached Valley Wine Shops.

The prospective purchaser can purchase the property only and the owner will structure a leaseback commencing at settlement.

CBRE Hotels
CBRE Hotels
Level 21
Sydney, NSW 2000

Property Highlights

Date Sold7 Feb 2020
Floor Area1,237 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015825024
Category
Last updated  24 Feb 2020
Map for THE ELEPHANT HOTEL/230 Wickham Street Fortitude Valley QLD 4006
CBRE Hotels
CBRE Hotels
Level 21
Sydney, NSW 2000

Property Highlights

Date Sold7 Feb 2020
Floor Area1,237 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015825024
Category
Last updated  24 Feb 2020

Co-Agents

Paul Fraser
Paul Fraser
CBRE Hotels
Call
+61 401 100 350
Jack Morrison
Jack Morrison
CBRE Brisbane
Call
0431 246 846
Tom Gleeson
Tom Gleeson
JLL - Hotels & Hospitality Group
Call
+61 449 289 845

More about THE ELEPHANT HOTEL/230 Wickham Street Fortitude Valley QLD 4006

The Elephant Hotel/230 Wickham Street Fortitude Valley QLD 4006 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1,237 m². The listing ID for this property is 2015825024.

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