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Bellevue Hotel
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Bellevue Hotel

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About this opportunity

Suburban hotel very close to the CBD and short stroll to the new stadium that’s come of age with greatly increased numbers across the board including EGM figures. A development opportunity also exists with the premises to complement the massive neighbouring developments already underway.

Business Story

The Bellevue Hotel is a 2 minute drive from Townsville's CBD and is a South Townsville landmark that is currently owned by a passionate family owner operator with a long history in the liquor trade. You will understand the proud ownership with just one look at the hotel and the condition in which it’s has been kept. It’s a great opportunity that will suit a family operation, hotel group looking to expand or astute investor wishing to secure a rock solid investment with endless future opportunities in a great location.

The hotel has so much to offer day in day out in its well established suburban location servicing repeat clientele from 9.00am. There are many income streams for promotion and currently the owners have a weekly theme program that works well but can still be improved upon.

It has an excellent base of gaming turnover that is continues to have record months through 15 machines with a 2.00am gaming licence, large open public bar area with separate area for pool tables, refurbished and branded bottle shop with security, well patronized dining area serving quality meals at affordable prices from a fully functional chefs kitchen, Keno, a pub tab with refurbishment, a covered garden area with stage for entertainment.    

The Bellevue hotel is sited on 2 separate blocks totaling 1681m2. The current location and zoning allows for significant improvements to be made with height restrictions of 4 levels but possibly 8 with council dispensation, 2 minute drive from Townsville CBD, walking distance to the new stadium and entertainment centre. The new approved river promenade plan will include a foot bridge linking the city with Palmer Street which is also a short stroll form the Hotel.

Relocation of the Railway yards again on the way to the new stadium and entertainment centre to a new site will see massive residential development occur in that area. One developer is already touting a project that includes 400 units so it all bodes well for the future of the area.

If this great business opportunity is for you, to look is a must. The Seller is motivated and is genuinely looking for offers to purchase.

Why should you consider this opportunity?

Why you should purchase this well-established licensed venue

  • Its Affordable
  • Landmark Townsville Hotel
  • Well Established
  • Super Location
  • 5 Star Rating on Trip Advisor
  • 2 Large Bars
  • Bottle Shop – Thirsty Camel Brand
  • 15 x Electronic Gaming Machines
  • Approved 2.00am Gaming Licence
  • Keno
  • TAB    
  • Full Chefs Kitchen
  • Large Dining Area Seating 70
  • Garden Entertainment Area
  • Repeat Clientele
  • Huge Potential with City Plan
  • Easily Run
  • Experienced Staff
  • Well Presented
  • Well Maintained Premises
  • Commercial Space to Lease  
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Want to Find Out More About This Business for Sale?

Contact Our Brokers Today

Denny Leet
Denny Leet Principal | Senior Broker | Licensee 0409 639 366 View Profile
Arley Leet
Arley Leet Business Broker | Licensed Agent 0427 427 863 View Profile
Phil Dodds
Phil Dodds Business Broker | Licensed Agent 0428 674 486 View Profile
David Muir
David Muir Network Connector 0450045373 View Profile