For Sale

Freehold Hotel

$490,000 + sav

Far North Queensland Outback Hotel.

The Post Office Hotel is located in the main street of Chillagoe, 2.5 hours from the major tropical city of Cairns.

Built in 1923, this freehold hotel on two blocks has been well maintained, upgraded and cared for by the current owners. Boasting an excellent reputation for good food, the business incorporates a spacious bar, lounge, dining room and a modern commercial kitchen.

The large undercover beer garden, with a children's playground, makes the Post Office Hotel very popular with families. Turnover is steady, due to the Hotel's wide customer base, including tourists, tour groups, locals and workers.

Accommodation:

9 refurbished rooms – 3 extra rooms can be added.
Registered to accommodate 24 guests.
Rooms are equipped with ceiling fans and air conditioners designed to meet criteria for seasonal weather patterns.
Includes visitors lounge, breakfast bar kitchen, balcony and entertainment areas.

Bar and Dining Areas:

Standalone pub with the freedom to sell any beer of choice. There is a brewery contract with CUB, no required amount of litres but at least 50% of taps have to be CUB.
Bar with indoor and outdoor seating for 42.
Beer garden with seating for 60.
Bistro area with seating for 36, which can be partitioned for private events.

Additional Features:

Residential unit with one bedroom and one bathroom.
Main Street Frontage.
Large stock area with 2 cool rooms.
Laundry with one commercial washer/dryer combination and an additional washing machine and dryer.
Substantial commercial kitchen with some new appliances and cool room in back area.
Air conditioning in the kitchen and dining area.
Gas stove and gas and electric hot water systems.
38 KW (116 ground mounted solar panels) solar system with 28 KW battery storage for energy efficiency.

Location:

Only 2.5 hours from an international airport.
90 minutes from Mareeba, offering a blend of rural charm, outback feel and accessibility.

Net Profit: $191,996 for 2023/24 (as provided by vendor accountant)

Chillagoe is a thriving North Queensland community and tourist destination, ensuring success for this popular freehold hotel. Chillagoe features world-renowned limestone caves and many other tourist attractions including copper smelter ruins, marble quarries and excellent bird-watching.