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Gracemere Hotel, 2 Old Capricorn Highway Gracemere, QLD 4702

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Gracemere Hotel, 2 Old Capricorn Highway,
Gracemere, QLD 4702

Hotel, Motel & Leisure

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Gracemere Hotel

- Exceptional Coastal Queensland Freehold Going Concern Hotel
- Only Hotel servicing the surrounding region with 13,500* local residents
- 33 tightly held Coastal Gaming Machine Authorities (approved for 37)
- Clear gaming upside by increasing the Gaming Authorities & trading hours
- 3,970sqm* Hotel site with additional 3,288sqm* landholding
- Drive through bottle shop servicing Gracemere and surrounds
- Extremely well rounded business with an even spread across all departments
- Well presented hospitality venue with limited capex required
- Enviable facilities including: TAB, gaming room, public bar, bistro, large beer garden & kid's play area
- Interstate owners operating under management structure
- Diverse business with all departments contributing
- Clear upside across various business lines
- Situated opposite Woolworths anchored Gracemere Shoppingworld Shopping Centre
- Positioned within Rockhampton’s fastest growing urban centres 10km* from the CBD

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Property ID: 504040159Last Updated: 12 Jan 2023

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Gracemere Hotel, 2 Old Capricorn Highway
Gracemere, QLD 4702

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