OFF MARKET

18 Toomey Street
Yarraman QLD 4614

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1400m2
Land area: 2041m2
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Property Details for 18 Toomey St, Yarraman

Building Type
Commercial
Floor Size
1400m2
Land Size
2041m2
Local Government
Toowoomba Regional
Lot/Plan
1/RP69794

Last Listing description (September 2021)

This two storey substantial country hotel complex in Yarraman Queensland is offered for sale with a new 5 year lease which commenced May 2021, with 4 further 5 year option terms. The property consists of public & lounge bars, poker machines, a large TAB section with multiple screens, pool table, BBQ, bistro & dining room with offsite catering, bottle shop and entertainment garden open till midnight.
Flexible accommodation is available with all rooms having new beds, bedspreads, carpet, digital TVs and a fridge. Parking is not a problem with ample space for even the largest caravan or RV.
The Royal Hotel is within 1 hours of Brisbane at the beginning of New England Highway on the D'Aguilar Highway, an ideal location to stop for all travelers. It has been a part of Yarraman since they had to mow the main street.

This freehold investment opportunity has the luxury of a new long-term lease to experienced operators with an excellent trading record which easily supports the commencing rent of $120,000pa + GST and the tenant pays 100% of the outgoings.

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Property History for 18 Toomey St, Yarraman, QLD 4614

A timeline of how this property has performed in the market
Last Sold
$1,120,000
03 Sep 2021
Listed for Rent
$215k/w
23 Sep 2019
  • 03 Sep 2021
    Sold for $1,120,000
  • 05 Aug 2021
    Listed for Sale Price on Application
  • 21 May 2021
    Listed for Sale $1,250,000
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