72 Brisbane Road,
Redbank, QLD 4301
Hotel, Motel & Leisure
Key property information
Floor area
Property extent
Tenure type
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Map of 72 Brisbane Road
COMMERCIAL HOTEL
- Large 2,702sqm parcel of land
- 24 gaming authorities
- Multiple revenue streams
CBRE Hotels in conjunction with Power Jeffrey & Co are privileged to present to the market the freehold going concern interest in the Commercial Hotel, Redbank.
Key investment highlights include:
- Located on a large 2,702sqm* parcel of land
- Strong underlying gaming value with 24 authorities currently valued at approximately $4.2mil*
- 41% above the LGA NMW per machine per day
- Currently run under management – ideal acquisition for fund or owner operators
- The hotel comprises of a sports bar, gaming room with 24 machines, indoor bistro, adjoining outdoor dining area, modern kitchen facility, walk-in bottle shop, four guest rooms and administration office to the first floor
- Surrounded by traffic generators including Redbank Train Station, Ipswich Motorway and new $5bn light armoured vehicle
- Redbank is 22km* south-west of Brisbane CBD and 10km* from central Ipswich
*approx.
Key investment highlights include:
- Located on a large 2,702sqm* parcel of land
- Strong underlying gaming value with 24 authorities currently valued at approximately $4.2mil*
- 41% above the LGA NMW per machine per day
- Currently run under management – ideal acquisition for fund or owner operators
- The hotel comprises of a sports bar, gaming room with 24 machines, indoor bistro, adjoining outdoor dining area, modern kitchen facility, walk-in bottle shop, four guest rooms and administration office to the first floor
- Surrounded by traffic generators including Redbank Train Station, Ipswich Motorway and new $5bn light armoured vehicle
- Redbank is 22km* south-west of Brisbane CBD and 10km* from central Ipswich
*approx.
Redbank, 4301 demographic data
The median household income for Redbank is $1,321, 29% lower than Greater Brisbane's household income of $1,849. Redbank has a younger age profile compared to the rest of Greater Brisbane (median age 30 vs 36). Property ownership data shows 44% of property owners in Redbank have a mortgage.
2,931
Population
$1,321 per week
Median household income
30 years
Median age
Renters
Most residents
Families
Most households
72 Brisbane Road
Redbank, QLD 4301
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Power Jeffrey & Co7/371 Queen St
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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