Buying Business Display

Busy Freehold Hotel plus Accommodation on 2 Blocks

Listing ID: 790

Chillagoe, Queensland 4871

  • Type Business | For Sale
  • Location CHILLAGOE
  • Price $650,000

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Business Features

Chillagoe is a thriving North Queensland community, ensuring success for this popular freehold hotel. Chillagoe features world-renowned limestone caves and many other tourist attractions including copper smelter ruins, marble quarries and excellent bird-watching.

The Post Office Hotel is located in the main street of Chillagoe, 2.5 hours from the major tropical city of Cairns.

With a strong cattle and mining economy, Chillagoe is on the up, with mining in the process of starting up again, plus a 250-man camp being built on the edge of town, with no wet canteen.

Built in 1923, this freehold hotel on two blocks has been well maintained and cared for by the current owners over the past 18 years.

Boasting an excellent reputation for good food, the business incorporates a spacious bar, lounge, dining room and a modern commercial kitchen.

The large undercover beer garden, with a children's playground, makes the Post Office Hotel very popular with families.

Turnover is steady, due to the hotel's wide customer base, including tourists, regular tour groups, locals and workers.

Extra features:
- 8 guest rooms operating with shared facilities - and room for more
- Comfortable owner's/manager's accommodation
- Great potential to expand the business and increase profits

The current owners love this business but have other commitments in the town. They are ready to sell and the price has been reduced.

LOCALITY ( get directions )

Chillagoe, Queensland 4871