Gaming Hotel, Redbank

Gaming Hotel, Redbank — Hospitality & Tourism · Redbank

Established gaming hotel in the tightly held Queensland hotel market, near Redbank train station Multiple income streams including gaming machines, bar, food, accommodation and a drive-through bottleshop Positioned in the growing Brisbane/Ipswich corridor with limited local competition Landlord has committed to property improvements and further reinvestment Offered with a proposed long-term lease

DealProspect/Listings/Hospitality & Tourism

Gaming Hotel, Redbank

Hotel

ActiveHospitality & TourismQueenslandB2C

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Asking price

N/A

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Established gaming hotel in the tightly held Queensland hotel market, near Redbank train station
Multiple income streams including gaming machines, bar, food, accommodation and a drive-through bottleshop
Positioned in the growing Brisbane/Ipswich corridor with limited local competition
Landlord has committed to property improvements and further reinvestment
Offered with a proposed long-term lease

Hotels in Queensland

Hotels for sale in Queensland (8) →

Listed

active

Median asking

$895K

6 priced

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread6 of 8 state a price

17%

33%

17%

$250K–$500KOver $5M

Australia 87 · Victoria 33 · New South Wales 20 · South Australia 10

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