"Pub buyers moving north into Queensland" - Power Jeffrey & Co, CBRE Hotels
Two leading Queensland pub brokers have noted strong interstate interest in pub and hotel assets in order to capitalise on attractive yields and Queensland's growing tourism sector.
Logan pub 'Club Hotel Waterford' sold for $22 million to Charter Hall
Logan pub Club Hotel Waterford, a prominent Coles-leased hotel in South East Queensland, has been acquired by ASX listed Charter Hall for $22 million, representing a yield of 5.68%.