News

Gladstone's multi-million dollar pub attracts interstate buyers

Queens Hotel, Goondoon Street, Gladstone. Photo Brenda Strong / The Observer
Queens Hotel, Goondoon Street, Gladstone. Photo Brenda Strong / The Observer Brenda Strong

THE campaign to sell Gladstone's Queens Hotel and Sarina's Tandara Hotel Motel has been extended to this Friday

The sale, managed by CBRE Hotels, was extended after interstate buyers could not inspect the two hotels after Cyclone Debbie drenched Gladstone and ripped through Mackay.

CBRE Hotels Queensland director Paul Fraser said he had up to ten interested interstate buyers who were visiting the two sites this week.

Mr Fraser estimated the Queens Hotel could fetch up to $5 million, but said considering Gladstone's real estate market, the price "could be anyone's guess".

Current owners Queensland Town and Country Pubs are selling off all of its hotels, with the Queens Hotel and Sarina's Tandara Hotel the final two.

The extended expressions of interest campaign will allow interested buyers to visit both pubs this week.

It was originally due to close on April 12.

Topics:  gladstone property queens hotel



CRINGE: Gladstone's grossest bond clean horror stories

Hands of female cleaner using spray stains remover

A sea of nappies, a honey pot of poo and toilet training gone wrong.

Pub worker jailed for $49,882 Centrelink scam

BEHIND BARS: Justin Stevens in happier times at the Biloela Hotel.

34-year-old caught out rorting carer payments in 2013.

Local Partners

Uncharted: The Lost Legacy a slick, impressive effort

New Uncharted game for PS4 hits the shelves

Bride and Prejudice's Chris reveals more family heartache

Grant and Chris feature on the TV series Bride & Prejudice. Supplied by Channel 7.

His dad’s health has dealt a massive blow to their happy life

Nicole's ready to bust out of Doctor Doctor's love triangle

Nicole da Silva stars in season two of Doctor Doctor.

New season gets a fresh injection of relationship dilemmas.

MOVIE REVIEW: Tom Cruise flying high again in drug drama

Tom Cruise plays pilot Barry Seal in the movie American Made.

FILM STAR delivers his best performance in some time.

The Project will now be on six nights a week

The Project presenters Waleed Aly, Carrie Bickmore and Peter Helliar.

The Project is expanding with a Sunday night edition and a new host.

Click your fingers, tap your toes

Helen Peters, Elisabeth Wallis-Gaedtke, Evalee Sharples and Kemal Avunduk rehearse for Fascinating Rhythm, Sunshine Coast Oriana Choir's performance of hot jazz, sizzling samba, Latin beats and smooth swing sounds at Lake Kawana Community Centre on August 26-27.

Libby to set beat for Fascinating Rhythm this weekend

Margot Robbie is unrecognisable in London

Margot, is that really you?

MARGOT Robbie looks completely unrecognisable as Queen Elizabeth I.

REVEALED: New shops for Coast centre's $12million revamp

Coast retail centre expands as part of $12million refurbishment

Residents fear sand mine sell out by State Minister

Sand mine opponents attend the Nambour Council Chambers.Cou

Further testing undertaken on site, despite claims of significance

Investors quick to snap up property in key growth corridor

High-profile commercial site sells at auction for $4.920m

EXPLAINED: What the 'Costco effect' means for Ipswich

PRICE WARS: A Costco store similar to this one in Canberra, is planned for Ipswich.

Exclusive 'cult' about to change how families do grocery shopping