The attraction to North Queensland hotels for sale continue with buyers looking for hotels with multiple revenue options. One of only two hotels in Hughenden the freehold and business of The Great Western Hotel Hughenden for sale by David Hardie of David Hardie Real Estate.
The strong attraction to North Queensland hotels continue with buyers looking for hotels with multiple revenue options. One of only two hotels in Hughenden, the freehold and business of The Great Western hotel for sale by David Hardie of David Hardie Real Estate.
The Great Western Hotel is situated in the main street of town; central to Hughenden’s shops & cafes, attracting travelling tourists and locals daily.
The hotel remains a favourite for the locals, travellers, and tourists alike, enjoying authentic country hospitality that is provided by the current owners and staff.
The owners have made many improvements both to the hotel and motel rooms creating a very well-presented outback hotel operation. This hotel offers the perfect amount charm and all the tools you will need to operate a successful operation in a fast-developing mid-west town.
David Hardie said, “The Great Western Hotel with its freehold tenure will be a very desirable property, due to a strong combination of diverse revenue opportunities, great location and the anticipated regional growth. “The Great Western is a proven Hotel in a strong regional town, and the high desirability of regional Queensland hotels should see good interest in this property. Recent sales in other towns prove the demand for country Queensland pubs as an investment”.
The Town of Hughenden is situated 380kms west of Townsville Queensland’s second largest city and 520kms east of the Mount Isa Minerals Province. The busy Flinders Highway crosses with the Kennedy development road at Hughenden and is geographically positioned to capture travellers from all directions.
The main Mt Isa to Townsville rail line passes through Hughenden as well and these trains transport large amounts of minerals each day to the port of Townsville.
Mr Hardie said, “One of the major infrastructure projects in the pipeline is the Copper String 2.0 – an 1,100 kilowatt power transmission line connecting the Queensland mining hub of Mt Isa to Townsville. The funding for the project could be around $1.7 billion with funding coming from the Northern Australia Infrastructure Facility.”
David Hardie told The Hotel Conversation, “The vendors The Downie Family who own and manage the Great Western Hotel and the Royal Hotel in Hughenden North Queensland have decided to sell both their hotels.
This is truly a unique situation – one owner who owns two hotels in town, with no competition. This is a once in a lifetime investment opportunity for investors to move into the expanding hospitality industry in North Queensland, he said.
The freehold interest and business in The Great Western Hotel for sale by private treaty.
To request further information and seek the asking price for The Great Western Hotel please contact the selling agent David Hardie of David Hardie Real estate via the below contact details.
Related Reading: Royal Hotel Hughenden for sale by David Hardie Real Estate