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Description: - The well established Tinana Hotel is positioned on a major arterial road in the heart of Tinana, Maryborough, close to Harvey Bay
- Substantial 3,658m²* parcel on Gympie Road highly positioned with great bridge and river views
- Established multi-income residential complex: "Riverview Hotel/Motel" featuring 23 hotel rooms generating around $200,000 p.a. in rental income + tavern cashflow
-Option to turn it into short-term holidy letting at the new buyers option
- Stable income: 11 standard hotel rooms returning $250/week and 3 larger units returning $320/week + whoelsale leasing of teh remaining 9 room for over $50,000 a year
- Onsite commercial infrastructure: Fully licensed bar and commercial kitchen facilities complete with all active food and alcohol licenses in place.
- Immediate revenue upside: Significant potential to re-open or lease the restaurant, on top of the existing bar
- Diverse and dependable revenue streams with strong tenant demand and low regional vacancy rates.
- Ample onsite parking featuring 20 dedicated open and undercover car spaces with room for further site expansion.
- Flexible zoning with excellent high-traffic exposure and long-term options for subdivision or redevelopment (STCA).
- Complete utility servicing including Fibre to the Premises (FTTP) nbn® internet connectivity.
- Convenient Fraser Coast location, just minutes from Maryborough CBD, local primary/high schools, and major regional road links.
- High-yielding, low-maintenance opportunity ideal for savvy investors, SMSFs, developers, or land bankers seeking strong double-digit gross yields.
Address: 17-19 Gympie Road, Tinana QLD 4650
Price: Contact Agent / Offers Invited
Inspect: By Appointment
Contact:
Harvey Huang / Peter Huang
0401 026 693 / 0418 888 889
harvey.huang@yong.com.au
*Approximate figures only.
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
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