Criterion Hotel Dalby sold by Savills Hotels
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Criterion Hotel Dalby sold by Savills Hotels
Dalby’s Criterion Hotel sold by Leon Alaban, National Director Hotels at Savills Australia in an off-market deal.
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Savills HotelsDalby’s Criterion Hotel sold by Leon Alaban, National Director Hotels at Savills Australia in an off-market deal.
Dalby’s Criterion Hotel sold by Leon Alaban, National Director Hotels at Savills Australia in an off-market deal.
Located at 77 Warrego Highway, on a 2,428sq m* corner site occupying frontage to the busy Warrego Highway, the hotel offers a diverse mix of trade, and is highly regarded with the locals for its entertainment and beer garden.
Dalby is the largest township in the Western Downs Region, known as a diverse productive Agriculture area, the region in more recent years has developed into a strong Energy based economy.
Facilities include: a Main Bar (Keno & TAB), Lounge Bar, Beer Garden, Bistro, Gaming Room (20 EGMs), Managers Residence, Drive-Through Bottle shop and One (1) Detached Bottle shop.
According to Leon Alaban, National Director – Hotels at Savills Australia who sold the property, the Criterion Hotel is a reliable business with an improving trade and profit, whilst offering scope for future trade growth through further renovations and expansions.
“This is an exciting time for both the seller and buyer, and we would like to take this opportunity to wish both parties every success with their future endeavours.
“The continuation of interest for the hotel/ pub market remains strong and this is just one of a number of deals set to be announced by Savills Hotels over the coming weeks” he said.
To request a sales analysis please contact the selling agent Leon Alaban, National Director Hotels at Savills Australia via the below contact details.
