Craig McVean and Scott Wells from RWC Gold Coast are exclusively appointed to offer The Oasis Hotel, Cloncurry, a trophy investment hotel opportunity.

The current owners have over 40 years of experience in running hotels in Queensland and the Northern Territory. They are approaching 80 years of age and it's time to enjoy the later years of life, said marketing agent Scott Wells of RWC Gold Coast.

The property's location is second to none, nestled in the heart of Cloncurry. This prime position ensures excellent exposure and accessibility, attracting a steady flow of locals and visitors.

The Oasis Hotel is currently tenanted with a 20-year lease (10 x 10) returning $220,000 (gross) per annum fixed to CPI and market review every 5 years, added Mr Wells.
The hotel offers 12 rooms of accommodation which is in high demand with visitors and FIFO workers. The property also has 20 highly sought after gaming authorities with modern machines, onsite Bottle shop with drive thru and a fantastic bar and restaurant.

Craig McVean, said, “This remarkable property presents an incredible opportunity for those seeking a strong tenanted investment in regional Queensland. Situated on a generous land area of 3376* square metres, this property offers ample space for various purposes providing a vast canvas to bring your vision to life. With its substantial size, the potential for customization and expansion is virtually limitless (STCA). This Hotel is sure to captivate the attention of astute investors and entrepreneurs.

To request a copy of the Information Memorandum contact one of the marketing agents RWC’s Craig McVean and Scott Wells via the contact details below.”

The property will be for sale via public auction at 'The Event' on Sunday, 28th of January 2024 at 10am, held in-rooms at RACV Royal Pines Resort, Benowa QLD.

McGuires Hotel Mackay which was previously listed is also going for Auction on the same day.

Related Reading:

Art deco McGuires Hotel Mackay for sale through RWC Gold Coast

Click here to view more articles of Australian Pubs and Taverns recently listed for sale and sold