294 Queen Street, Richmond, Tasman

Hotel with multiple income streams

Freehold Going Concern with Multiple Income Streams | Queen Street Studios

This is a rare opportunity to secure a high-performing freehold asset with diversified income, together with the well-established Queen Street Studios hotel business operating onsite.

Set on approximately 1,565sqm of land with a 1,050sqm (approx.) building area, the property comprises a 20-room hotel including a spacious two-bedroom, two-bathroom manager's residence.

In addition to the accommodation income, the property benefits from two independently leased restaurants and a popular coffee cart tenancy fronting the site — delivering secure passive rental streams and strong street presence.

Positioned close to Saxton Stadium, the hotel enjoys consistently strong occupancy from sporting teams, conference attendees, domestic travellers and international guests. Free public parking located directly behind the property further enhances accessibility and guest convenience.

An exceptional opportunity suited to investors seeking multiple income streams, or experienced owner-operators looking to combine freehold security with business acquisition potential.

For Sale by way of Offers Over $6,000,000 + GST (if any).