THE Melbourne-based Cook Beaumont and Partners Hotel syndicate has sold the Gracemere Hotel in Rockhampton for $22 million, in a record-breaking regional Queensland transaction. The freehold going concern hotel is the only pub to serve the surrounding region and its circa 13,500 local residents, boasting 33 tightly held Gaming Machine Authorities, with approval to increase […]
Login or Subscribe to read this article and more...
Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news.