Brisbane’s West End landmark The Montague Hotel sold by CBRE
Brisbane’s landmark The Montague Hotel sold to family-owned hospitality group by CBRE Hotels’ Senior Director Paul Fraser. The Brisbane hotel sold as a Freehold Going Concern interest, which adds to the Brisbane-based buyer’s portfolio of Queensland pubs.
The freehold going concern interest in the Grand Hotel Bundaberg sold for circa $4 million amid continued demand for regional Queensland pub investment opportunities. CBRE Hotels’ National Pub Director Paul Fraser steered the on-market Expressions of Interest campaign on behalf of the mortgagee...