64 Goldring St

Richmond QLD 4822

2023 m²

Rural

Currently for sale - view listing

Overview

Landmark outback hotel featuring accommodation, bar, restaurant and multiple income streams on a 2,023m² freehold site.

Property Overview The Federal Palace Hotel is a historic freehold hotel, pub and accommodation business located in the centre of Richmond, Northwest Queensland. Occupying a prominent 2,023sqm corner site in the town's main commercial precinct, the property has been a key hospitality venue serving locals, tourists, transport operators, mining contractors and agricultural businesses for over 100 years. Key Property Details Address: 64 Goldring Street, Richmond QLD 4822 Freehold land area: 2,023sqm Tenure: Freehold Zoning/Use: Hotel / Tavern Two-storey historic hotel building Approx. 12 guest rooms plus additional staff accommodation Restaurant, commercial kitchen and large bar Beer garden and cold rooms On-site parking Strong corner position in Richmond CBD Accommodation The hotel offers approximately 12 guest rooms comprising: 1 Family Room 1 Queen Room 8 Double Rooms 2 Single Rooms Guest facilities include: Air-conditioned rooms Shared kitchenette Laundry facilities Shared bathrooms and showers Complimentary tea and coffee facilities Business Features Multiple income streams from: Bar operations Restaurant and food sales Accommodation Retail liquor sales Functions and community events Additional features: Licensed kitchen Takeaway liquor license Beer on tap Foxtel Nightly meal specials Catering permit opportunities Established local customer base Location Richmond is located approximately: 498km west of Townsville 364km west of Charters Towers 407km east of Mount Isa The town is recognised as Queensland's "Fossil Capital" and attracts visitors year-round through attractions such as Kronosaurus Korner Museum, while also servicing the surrounding grazing, transport and resources sectors. Investment Highlights * Freehold hotel and business opportunity * Landmark regional hospitality asset * Diversified income streams * Prime 2,023sqm corner allotment * Accommodation, food & beverage and liquor revenue * Exposure to growing Outback Queensland tourism market *Potential to increase revenue through accommodation upgrades and tourism partnerships * Strategic position on major Northwest Queensland transport route Disclaimer: The above report has been prepared by Slaney & Co based on information supplied by the property owner and other credible sources. Every endeavour has been made to verify its accuracy. Whilst we trust the information to be correct, we make no warranties or guarantees and prospective purchasers must rely on their own enquiries & research. © Copyright Slaney & Co

Features

2023 m² lot size

Rural

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at Slaney & Co