Savills Hotels are pleased to offer to market, Cattle Camp Hotel Motel, located at 149 Alfred Street, Charleville, Queensland.
The property is for sale through Leon Alaban and Taylor Morris of Savills Australia.
The Hotel is positioned on a large 3,304 sq m* site, located on Charleville’s main commercial centre shopping strip, and has been owned by the current operator for 20+ years.
Charleville is a town located in central Queensland, approximately 750km west of Brisbane and 267km west of Roma. It is situated in the western part of the state and serves as a major service centre for the surrounding rural and pastoral industries. Charleville is the largest town and administrative centre of the Shire of Murweh, which covers an area of 43,905* square kilometres.
The town is situated on the banks of the Warrego River and has high vehicular exposure, being the terminus for the Warrego Highway. The town has its own airport, which provides regular flights to Brisbane and other regional centres.
Charleville is also home to southwest Queensland’s largest Royal Flying Doctor Service Base, with attractions including Charleville Cosmos Centre and Observatory, and The Bilby Experience.
Cattle Camp Hotel Motel’s facilities comprise of a public bar, bistro dining area, gaming room with 10 gaming machines, 2 hotel rooms, manager’s office, drive-through bottleshop, beer garden, and detached demountable motel wing accommodating six units.
Leon Alaban, National Director – Hotels QLD Savills Australia said, “The asset will provide the successful buyer with a strong passing yield, of which, these types of opportunities are being sought after in the current economic environment”.
Taylor Morris, Sales Executive – Hotels QLD Savills Australia said, “The hotel offers a diverse range of facilities for a country pub, which therefore provides reliable and repeat trade, having had consistent revenue over the past four years.
“Additionally, the hotel could gain further upside through expansion of the accommodation offering (STCA) and improvements to the beer garden,” Ms Morris said.
“The hotel offer is being offered for sale at $3.5m plus stock at valuation”, concluded Mr Alaban.
The Freehold Going Concern of the Cattle Camp Hotel Motel is being offered for sale by way of Private Treaty through Savills Australia.