Molly Malones Irish Pub is a heritage listed two-level "Queenslander" style pub, encapsulating an authentic Irish atmosphere. Located in Flinders Street East, the restaurant and nightlife precinct of Townsville City, Molly's boasts four different venues catering for all tastes. From the grand craic at Molly’s to the ultimate experience at the new "The Office" as well as "The Deck" upstairs. In addition, there is a new gaming room and cocktail bar "The Pick & Shovel Craft Bar". The hotel has a well-provisioned commercial kitchen and 3 x cold rooms. There is no accommodation or pokies. Stock is additional to price.

In addition to the Going Concern, the property includes the adjoining property which offers a redevelopment opportunity able to be developed to a possible 14 levels (subject to Council approval). The site adjoins the much publicized "Hive", a 17,268sqm site with frontage to The Strand, King, Flinders and Wickham Streets. The project is the redevelopment and transformation of a key city block for mixed-use development comprised broadly of civic, retail, commercial, tourism, educational, research and residential land uses.