ResortBrokers
Live

Grand Hotel Accommodation offering in the West

Marketplace / Special / QLD / Pub / Tavern · Charleville · FH006970

Looking for a grand piece of history with a large scale accommodation offering? Then look no further than the historical Hotel Corones. This magnificent country hotel has undergone significant renovations over the last six years turning it into a well sought-after accommodation business. It offers almost 50 rooms in total ranging from budget to VIP and also including staff accommodation, an amazing 4 bedroom, 2 bathroom residence and a museum quality history room. It doesn't end there. There is a laundromat, coin operated dog wash, two vacant shop fronts, a boardroom, beer gardens etc. This package would suit a family or two couples who are keen to further develop the massive space and opportunity available. It is currently operated more as a boutique accommodation venue with lunch and evening meals, supported by a bar and bottle-shop.

The numbers.

$323,033
Net profit
Asking $2,500,000
0

Charleville.

Run the numbers yourself.

Same model our brokers use to appraise. Adjust net profit, multiplier, real-estate component. The result is indicative — independent appraisal available on request.

Request Appraisal
Net profit (manager)
$478,000
Multiplier (×)
5.2×
Real estate (manager unit)
$0
Indicative total
$2,485,600

Receive new listing alerts

By subscribing you agree to our Privacy Policy.