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Logan and Albert Hotel Sale Offers Prime Investment Opportunity

Ray White Commercial Gold Coast has been tasked with the sale of the Logan and Albert Hotel in Beaudesert. The property, located at 64 Brisbane Street, is up for grabs with vacant possession. The team handling the sale includes Ray White’s Craig McVean, Justin Lowe, and Scott Wells. According to Mr. McVean, the hotel is fully equipped with a modern fit-out, presenting a prime opportunity for potential operators.

Situated in the thriving Beaudesert area, this hotel offers not only a hospitality business but also function rooms on the upper levels, adding to its appeal. The property boasts scenic views from the balcony and comes with fully equipped kitchens featuring multiple cool rooms, minimizing the effort needed to start operations. Additionally, it is outfitted with a CCTV system, a commercial lift, and a kids’ play area, making it a comprehensive venue for patrons.

The hotel comes with a bottle shop attached, complete with a spacious cool room accessible from within. Previously permitted for gaming machines and a late-night license, the Logan and Albert Hotel has significant potential, especially given its proximity to the Beaudesert racetrack. Mr. Lowe highlighted the exceptional opportunity this property presents, emphasizing its growth potential in the bustling Gold Coast region.

Moreover, with the Gold Coast emerging as a premier holiday destination and a hub for a burgeoning local population, the hotel’s location adds to its allure. The property is scheduled for auction on June 15, 2023, at the Gold Coast Turf Club. Prospective buyers can request an Information Memorandum from the marketing agents for further details.

The Logan and Albert Hotel’s sale signifies a noteworthy opportunity in the commercial property market, particularly in Queensland. The hotel’s features, including its modern fit-out, multiple cool rooms, and strategic location, make it a valuable investment for aspiring operators in the hospitality industry. The property’s potential for additional income streams from function rooms and a bottle shop underscores its appeal to potential buyers seeking a versatile commercial property.

As the commercial property market in Logan, Queensland continues to evolve, opportunities like the Logan and Albert Hotel sale present a chance for investors to capitalize on the region’s growth. The hotel’s previous approval for gaming machines and late-night operations further enhances its investment potential, catering to a diverse range of clientele and revenue streams.

In conclusion, the Logan and Albert Hotel’s sale with vacant possession by Ray White Commercial Gold Coast represents a prime investment opportunity in the commercial property sector. Its strategic location, modern amenities, and growth potential in the bustling Gold Coast region make it an attractive prospect for prospective buyers looking to enter or expand their presence in the hospitality industry.

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