• Multi-level hotel located less than 10km* from 6 of Queensland's top gaming venues
• Large 18,450 square metre* site with significant development potential (subject to approvals)
• Zoned Multi-Purpose Centre MP3 - Suburban Centre; permits shopping centre, warehouse, short term accommodation, commercial office developments (subject to approvals)
• Approximately 4,000 square metres* of superfluous land fronting Beaudesert Road
• Hotel occupies over 9,000 square metres* of Gross Floor Area with 233* car spaces, 28 motel rooms & drive-thru bottle shop
• Sale includes the Hotel and Gaming Licenses with 40 Gaming Machine Authorities & 3 Detached Bottle Shop Licenses (2 operational);
• 40 Gaming Machine Authorities currently valued at $3,646,400(1)
• Preferred "left hand side going out" location with a 123.65 metre* frontage to Beaudesert Road, one of the major transport thoroughfares in Brisbane
• Annual turnover in excess of $9 million* with numerous upsides to trade

Expressions of Interest closing: Thursday 3rd April 2014 at 2.00pm

*Approximately
(1)Price estimates for Gaming Machine Authorities have been based on the most recent (November 2013) Public Trustee sale of gaming machine operating authorities for hotels. The average sale price for the South East region ($91,160) has been adopted for price estimate purposes. Figures include GST and are prior to payment of government charges.