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Grand Central Hotel, Queensland

Grand Central Hotel, QLD
​January 2016 - ​JLL was exclusively appointed to sell the truly iconic Grand Central Hotel. The Grand Central Hotel has been a highly renowned pub for many years. With its perfect mix of yesterday charm and modern day amenities it is truly an enviable asset in the hospitality space. With patronage spanning from locals to tourists alike, the charm of the hotel resonates to all who crave a local pub feel right in the heart of the Brisbane CBD.

The incredible 75 year lease (with 65 years remaining) made this opportunity a rare find in today’s environment, ensuring continual cash flow for decades to come. The divestment strategy garnished enormous national interest with multiple offers submitted. The new owners are looking to reposition this asset with some significant capex spend ensuring its popularity amongst its patrons continues for years to come.

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