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Exceptional investment and business opportunity

294 Queen Street, Richmond

Hotels Motels Lodges B&B
dollar

Offers Over $6,000,000 Plus GST (if any)

Floor area
1050m2
Land area
1565m2
Title type
Freehold
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Listing # 4005957 | Listed on 11 July

This is a rare chance to secure a high-performing freehold property with multiple income streams, alongside the opportunity to acquire the well-established Queen Street Studios hotel business operating onsite.

Set on 1,565 sqm (more or less) of land with a floor area of 1,050 sqm (approximately), the property features a 20-room hotel, including a two-bedroom, two-bathroom manager’s residence.

In addition, the site includes two independently leased restaurants and a popular coffee cart tenancy fronting the property, all providing secure passive income.

Ideally located near Saxton Stadium, the hotel enjoys consistently strong occupancy from sporting teams, conference delegates, international travellers, and regional guests. Free public parking is available directly behind the property, further enhancing accessibility and appeal.

An outstanding opportunity for both investors and owner-operators.
For sale by way of offers over $6,000,000 + GST (if any).

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