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

Find funding for this deal →View original listing ↗

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

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Listed

+3 in 30 days

Median asking

$948K

10 priced

Earnings multiple

3.1×

38 listings

Asking price spread10 of 12 state a price

10%

40%

10%

$250K–$500KOver $5M

Australia 110 · Victoria 39 · New South Wales 27 · South Australia 10 · Western Australia 9

Cafes 148 · Takeaways 109 · Automotive workshops 84 · General retail businesses 77 · Restaurants 73 · Manufacturing businesses 65

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