A pre-approved private buyer has purchased two well-known pub offerings on Thursday Island in Queensland in an off market sale negotiated by Savills Australia.

Grand Hotel & Royal Hotel Hotel Thursday Island sold by Leon Alaban of Savills Hotels.

The Grand & Royal Hotels represent 50% of the hotel offerings on the island and benefit from a diverse range of revenue streams, said sales agent, Leon Alaban of Savills Hotels.

“Thursday Island (Waiben) is the administrative centre of the Torres Straight Islands and is home to several Australian & State government primary agency bases.

“These pubs offer a secure income stream and impressive amenities in a beautiful part of the world!”

The Grand Hotel is situated on a 3,280sq m* site whilst the Royal Hotel is positioned on a 4,554sq m* site, both are located in Thursday Island’s CBD..

The Grand Hotel’s facilities comprise of a Main Bar, Ocean Front Beer Garden, Boat Deck Beer Garden Bistro, Gaming Room (22 EGMs), Restaurant (60 Patrons), Accommodation (32 Motel Rooms) and Single Lane Drive-Through Bottle shop.

The Royal Hotel’s facilities comprise of a Bar Area, Gaming Room (35 EGMs), Seven (7) Staff Accommodation Units and Disused Night Club.

To request sales details and analysis please contact the selling agent  Leon Alaban of Savills Hotels via the below contact details.

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