Commercial

Exceptional investment and business opportunity

294 Queen Street, Richmond

Hotel Motel Leisure
dollar

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

Floor area
1050m²
Land area
1565m²
Title type
Freehold

Map

Property description

Listing # 4005958|Listed on 11 July 2025

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 $6,000,000.00 + GST (if any).

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Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson

Gill Ireland

Licensee Salesperson | Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson
64 active listings
Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson

Seb Hickman

Be Property Group Ltd (Licensed: REAA 2008) - Bayleys Nelson
59 active listings

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