Brisbane's The Pineapple Hotel for sale for the first time in over three decades by Paul Fraser of CBRE.
For the first time in over three decades The Pineapple Hotel Brisbane is for sale by by Paul Fraser of CBRE via an Expression of Interest campaign closing 30th June 2022.
This is an incredible opportunity to acquire one of Brisbane's highest-profile pubs within a booming inner-city location.
The large 2,947sqm freehold parcel, has redevelopment opportunity and upside for additional alternative uses including residential, short-term accommodation and build to rent.
The hotel has 36 gaming authorities in the current market, equateing to an underlying value of ~$10,000,000 ($281,500 each).
Strategically positioned as for the Brisbane Olympics, The Pineapple Hotel is located directly across from Raymond Park, which is earmarked as a key training and warmup facility near The Gabba Stadium.
The Hotel holds a prime position to capitalise on Brisbane’s $45 billion infrastructure boom with projects from Brisbane Live precinct, Queens Wharf Brisbane, Victoria Park, Brisbane Metro, Waterfront Precinct, and the Kangaroo Point Pedestrian Bridge.
Offering a balanced mix of trade with income streams from bars, food, gaming, functions, onsite and detached bottle shops, the hotel has a strong brand presence synonymous with The Gabba Stadium.
For more information please contact Paul Fraser of CBRE via the contact form below.