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The Picnic Bay Hotel & Marlin Bar
Magnetic Island QLD 4819
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Sold on 1 Feb 2023

The Picnic Bay Hotel & Marlin Bar Magnetic Island QLD 4819

  • Hotel, Motel, Pub & Leisure
  • 2,500 m²
  • Sold

Two pieces of paradise

    Knight Frank Townsville is pleased to present to the market For Sale both the Picnic Bay Hotel, Picnic Bay and the Marlin Bar, Horseshoe Bay on Magnetic Island, 8 km* offshore from Townsville.

    Picnic Bay Hotel - Picnic Bay
    - Land size: 1.1 Ha
    - Restaurant - Indoor/Outdoor dining
    - Large commercial kitchen
    - Public bar - Internal & External options
    - TAB
    - Keno
    - Internal bottleshop
    - 20 operating gaming machines
    - Function centre
    - 101 m* frontage to beach
    - Detached bottleshop - Lease expiry 2023
    - 23 motel rooms - Not in operation
    - Development upside - Former DA for units

    Marlin Bar - Horseshoe Bay
    - Land size: 1,019 sqm*
    - Bar and dining
    - Full commercial kitchen
    - On-site car parking
    - Approximately 20 m* frontage to Horseshoe Bay beach
    - Internal bottleshop

    The healthy net return will make this opportunity attractive to any savvy operator/investor looking for a piece of paradise in North Queensland.

    For further information or to obtain an Information Memorandum please contact exclusive marketing agents Mark Fitzgerald or Paul Dury of Knight Frank.

    *Approximately

    Property Highlights

    Date Sold1 Feb 2023
    Floor Area2,500 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016504442
    Category
    Last updated  2 Feb 2023
    Map for The Picnic Bay Hotel & Marlin Bar Magnetic Island QLD 4819

    Property Highlights

    Date Sold1 Feb 2023
    Floor Area2,500 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016504442
    Category
    Last updated  2 Feb 2023
    380 Flinders Street Townsville City QLD 4810

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