McGuires Hotel Mackay for sale for the first time in nearly four decades through RWC Gold Coast’s Craig McVean and Scott Wells.
McGuires Hotel Mackay is being offered for sale for the first time in nearly four decades through RWC’s Craig McVean and Scott Wells.
Located at 15 Wood Street, the exceptional art deco hotel consists of 23 mixed accommodation rooms, a four bedroom manager’s residence, large beer garden and 14 Gaming authorities (including Keno Facilities), seven bars, a dining room and street dining, all in the heart of Mackay in Queensland’s north.
Operators and investors seeking a sea change will reap the benefits of this iconic and well-established entertainment destination says RWC’s Craig McVean.
Mackay offers a large regional centre with strong employment opportunities. The hotel falls within the Mackay waterfront priority development area providing the potential for future development with a substantial 1,559 square metres site in the heart of the CBD, added Mr McVean.
Mr Scott Wells said that the two-storey art deco building is positioned in the commercial centre of Mackay CBD and has recently undergone renovations including a complete, new roof over the entire property.
“McGuires Hotel is a multi-revenue business and also offers a large beer garden with outdoor stage, seven pool tables and is being sold with a 2am trading license and 800-person capacity,” Mr McVean said the hotel is primed for new ownership and offers prized future alternatives due to its valuable location in the heart of a large regional Queensland city.
The art deco building will be sold with the highly sought after gaming authorities adding further appeal to the asset.
“McGuires Hotel features a strong entertainment base and delivers a rare opportunity to enter a thriving regional market.
“Mackay is a large employment centre for mining activities and has experienced exponential growth in recent years,” he further commented.
The property is being sold as a freehold with vacant possession and is for sale via expressions of interest closing 4pm Wednesday the 20th September 2023.
To request a copy of the Information Memorandum please click here and / or contact one of the marketing agents RWC’s Craig McVean and Scott Wells. via the contact details below.