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Silkwood, Queensland

Restored Tropical Hotel Plus Accommodation And Shop - Silkwood, Qld

Freehold and Business: $900,000 neg + SAV
Listing ID: 1213


Located at the base of the Great Dividing Range - just 90 minutes from Cairns - this beautiful potential-packed hotel could soon be yours.
Extensively improved, whilst maintaining its old world charm, the Silkwood Hotel is the only pub in town, and very popular with tourists and backpackers.

Land size 1647 square metres
Large back bar set up with 6m by 4m stage, full bar, 3 phase power, and toilets
Tropical themed beer garden, accessed via big barn doors
Second storey houses the accommodation business
Two owner/manager's residences PLUS 7 letting rooms
Mix of double, queen and family rooms - all with fans, TVs and hand basins
One room is air-conditioned
60 solar panels make the building economical to run
Hotel includes vacant shop - could serve many purposes to boost income
Guest mini bus included
Vendors will assist with takeover

Given the location, surrounded by banana plantations, and so close to Cairns, the vendor believes the rear section of the property would make an excellent backpackers lodge (subject to council approval).
There is an influx of backpackers at harvest time, and limited places for them to stay, giving a smart buyer a captive audience.
The hotel mini bus, used to pick up and drop off patrons, could also be used to transport backpackers to and from work.
After five years, the current owner is ready for a holiday, and is offering the business for sale leasehold or freehold. So, if you're keen to experience the tropics, now is the time to act!

Business only - $300,000 neg + SAV
Freehold and Business: $900,000 neg + SAV


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Silkwood, Queensland