Hotel Theodore and associated property are being sold on a freehold going concern, vacant possession basis. The Hotel Theodore and associated property are offered for sale under instructions from the Appointed Voluntary Administrator Mr Jonathan McLeod of Mcleods Accounting.

Power Jeffrey & Co Hotel Brokers’ Robert Hunter and Andy Nason are selling the property via an Expressions of Interest campaign closing 22 August at 4pm.

From its earlier days, Hotel Theodore was a favourite stopping point for travellers, and the same is true today.

A prized opportunity has arisen to buy this premier tourism asset that comprises the popular hotel and motel business but also offers valuable development potential.

The main hotel is located at 23 to 29 The Boulevarde (corner The Boulevarde and Third Avenue), Theodore, Queensland.

The property has primary frontage to The Boulevard with motel, cabins, laundromat, and car park, accessed from Third Avenue. The Barracks is accessed from Western Lane.

Mr Robert Hunter said the property is an incredibly pretty place and offers an exceptional opportunity to purchase a traditional Queensland country hotel motel with a separate block of land.

The popular destination offers the renowned hotel with gaming licence along with eight self-contained two bedroom cabins, eight single suites, 11 motel rooms, quality upstairs hotel accommodation of 17 rooms, three bedroom manger’s quarters, a two-bedroom unit or boardroom plus the standalone Barracks with four rooms.

Mr Andy Nason said Theodore is shaped like a point between the Dawson River and Castle Creek, its palm lined streets give a tropical feel to the place. Neville Hewitt Park surrounds the water tower and is a great spot for a picnic lunch or if you’d prefer a river view, Rotary Park in Fifth Avenue overlooks Castle Creek. Theodore is an RV friendly town.

Mr Andy Nason said that the most unique feature of Theodore is its pub.

“Standing on The Boulevard, the town’s main drag, Theodore Hotel’s white exterior oozes old-time charm. But this pub, like the rest of the town has an interesting story to tell – it’s the only pub in Queensland owned by an entire community. The locals took it over in the 1940’s, issuing each resident the equivalent of a 25-cent stake,” said Andy Nason.

The hotel sits on a land area of 4,269 square metres while the cabins are set on a site of 8,319 square metres and The Barracks has a site area of 794 square metres.

The Hotel Theodore incorporates a two-story hotel venue with detached motel buildings. There are also eight two-bedroom cabins located to the rear of the hotel as well as eight standalone rooms.

The main hotel building provides for a serviceable floor plan layout with a single central bar service core surrounded by various patron areas with breakfast room and function room.  The hotel facility is of mostly masonry block construction, whilst the motel building is of masonry block and timber construction.

The 11 motel units are located to the side of the main hotel with single lane drive accessed from both The Boulevard and Western Lane

The motel is occupied at $160 per night for a double, with the self-contained Barracks leased at $280 per night.

To request a copy of the Information Memorandum please contact one of the marketing agents Power Jeffrey & Co Hotel Brokers’ Robert Hunter and Andy Nason via the contact details below.