Savills Hotels have noted their gratitude of the McLean Family for entrusting them with undertaking an off-market confidential sale process for the hotel, which has been owned and / or operated by the McLean's for almost 100 years.

The Grandview Hotel procures a rich history, being destroyed twice by fire the hotel continues to hold a commanding corner position on one of Bowen's main streets.

The character and charm of the hotel attracted the attention of the stakeholders of the Baz Luhrmann film "Australia". Consequently, the Hotel featured throughout that movie.

Investment Highlights

• QHA Award winning venue, Hotel of the Year 2017.
• Located in Bowen, of which, the region is currently witnessing improved economic and trading conditions.
• Hotel is situated on large corner site; approximately 3,068sqm.
• Facilities include; sports bar, gaming room (40EGM's), restaurant, functions facilities, beer garden and bar, designated smoking areas, detached bottle shop, nine (9) hotel rooms, commercial kitchen, administrative and back-house facilities.
• The hotel offers a diverse mix of trade and is highly regarded for its award winning restaurant and beer garden. More recently the hotel has proven itself as a strong gaming venue, now ranked within the top 100 gaming venue in the state (last five months). Source: Maxgaming rankings.

The Grandview Hotel underwent significant capital improvements in 2017 and has continued to be recognised as Bowen's premier venue.

This sale represents continued confidence for Queensland's regional hotel market, quality venues as such are expected to be sought after commodities for many years to come.

Contact Leon Alaban via the below details should you wish to discuss the current activity and sentiment within Queensland's Hotel market.

See also:

Magnetic Island Base Backpackers for sale

Rydges Gladstone hotel sold to Melbourne-based C2 Capital

Tropical North Global Tourism Hub seeks local businesses to help deliver the project