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177 Musgrave Street Berserker, QLD 4701

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177 Musgrave Street,
Berserker, QLD 4701

Hotel, Motel & Leisure

Price information

Sale

EXPRESSIONS OF INTEREST CLOSING 30.05.24

Key property information

Land area

Floor area

Car spaces

Parking info

Tenure type

Private inspections

to arrange a private inspection.

Map of 177 Musgrave Street

Directions
  • Train stations within 5 km of 177 Musgrave Street, Berserker, QLD 4701Distance
    Rockhampton3.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 177 Musgrave Street, Berserker, QLD 4701Distance
    Musgrave St Near Burnett St106 m
    Musgrave St Near Edington St135 m
    Musgrave St Near Miles St226 m
    Musgrave St Near Richmond St372 m
    Musgrave St Near Armstrong St422 m
    POWERED BY HERE ©
POWERED BY HERE ©

Iconic Landmark in the Beef Capital!

Here is a blue chip commercial site that has been tightly held for the last 37 years. With a fantastic global reputation for amazing stone grill steak (as promoted on trip advisor) This pub has it all! Situated on a generous 2320 m2 corner site in a high traffic, highly commercial area in North Rockhampton.

There are 5 allotments in total, including 2 vacant shops that could be independently leased with an estimated return of $45k per annum.
There are 10 permanently rented rooms upstairs, all on periodic leases creating excellent passive income
The rear laneway of the property services a drive thru bottle shop area which is connected to a large show room with Roller door access
The gaming currently includes Keno, TAB and there are 8 Poker Machines that could be sold with the business.
The restaurant has a stone grill licence and is well renowned for the excellent service and quality meals

This grand old pub has a lot of character but also boasts preliminary DA approvals for a 103 room hotel with conferencing, gym and much more.

The owners of this establishment are seeking expressions of interest for:
Lease and operate the existing business
Purchase the freehold buildings + land parcel (development plans included)
Purchase the operating business + freehold + inventory

Contact Grace Low for an information memorandum and register your interest.

Additional information

Property ID: 504581340Last Updated: 2 May 2024

04487561...
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177 Musgrave Street
Berserker, QLD 4701
Harcourts Low & Co - Rockhampton
2/254 Musgrave Street
BERSERKER, QLD 4701
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