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...
Pelathon Management has acquired the Grand Hotel in Cairns and two adjoining sites for $8.5 million, in a deal negotiated by CBRE Hotels Director Paul Fraser and CBRE Cairns Managing Director Danny Betros.
"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%.
