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NAMBOUR, QLD
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UNDER OFFER/CONTRACT
Under contract & Unconditional - Sunshine Coast Hotel Opportunity with Multiple Revenue Streams
Currie Street, Nambour, QLD, 4560
Accommodation/tourism
·
Hotel
Leasehold $1,850,000
CRE Brokers are pleased to present the leasehold interest in the Royal George Hotel, Nambour, to market.This is a rare opportunity to secure one of the Sunshine Coast's last privately owned hotels and reposition it into a true landmark venue.The hotel delivers a diverse range of established income streams, including 27 gaming machines, a strong retail bottleshop, two detached bottleshops (with scope for a third), 14 accommodation rooms, and a well-supported food and beverage operation. Complementing the offering is the adjoining Vogue entertainment venue-one of the region's largest indoor function and event spaces.The property is offered with a brand-new lease (full terms outlined in the IM) and presents significant upside through targeted capital investment. Opportunities exist to enhance the hotel's presentation, street appeal, accommodation product, and gaming performance to unlock further revenue growth.Ideally positioned in the heart of Nambour with limited direct competition, the hotel is approximately 90 minutes from Brisbane and just 20 minutes to the Sunshine Coast, placing it within a high-growth regional corridor.Opportunities of this calibre are increasingly rare. This is an outstanding chance for an experienced operator to acquire a substantial hospitality asset with strong foundations and realise its full potential.
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