82HF - THRIVING QLD PUB WITH FANTASTIC ROI

SOLD

Tourism Brokers are pleased to present for sale this Freehold Going Concern interest of this Classic Queensland Pub. Albert Hotel Monto is based in the town of Monto, Queensland where industry meets iconic country beauty.

The historic building was first built in 1929 and originally catered for homestay within the town of Monto. A two-storey classic Queenslander, with food and beverage on the bottom storey, while a big verandah wraps around the outside of the upper-level accommodation rooms.

A thriving Queensland country pub with a range of services
15 well-appointed accommodation rooms with individual air conditioning and flat screen televisions
Public bar
Dining room with seating for 40 diners - includes children’s play area
Pokies room with four brand new state of the art machines
Large, covered beer garden catering for up to 130 guests for dining and functions
Four independent income producing shops on title
Three-bedroom owner’s residence on the second level, with upgraded kitchen and bathroom
New storage shed and bike parking
Over $500,000 reinvested in 20/21 on property capital upgrades and replacements
A massive return on investment of 45% from 2020/21 financial results

Restored in 2017 by current owners, the Albert Hotel Monto is now a thriving country pub with many services; accommodation, beer garden, motorbike, and cycle lock-up, food, functions, live music, and bottle shop, are only the tip of the iceberg. Country hospitality never looked as good as this. Sit back on the newly renovated verandah, or the outdoor front bar and experience a sublime afternoon breeze!

All recent profits have been reinvested in this fantastic property with new roofing, massive solar system (30Kw), fully rewired throughout, 15 new air conditioning units, new beer garden roof, repainted exterior, all new kitchen equipment and walk-in cool room, new large storage shed…. and the list goes on.

Net Income: $668,822 for 2020/21

Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 82HF (quote when enquiring)

Price	SOLD
Location	Monto
Property ID	82HF
Category	Hotel

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

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Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

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