69 Main Street Proserpine, QLD 4800

Prominently positioned on Proserpine's main street, the Grand Central Hotel offers a rare opportunity to acquire a landmark freehold hotel in the gateway to the Whitsundays.

Set on a substantial commercial site, this is a genuine going concern offering a combination of bar trade, dining, accommodation and takeaway liquor, all underpinned by a strong local presence and consistent regional traffic.

The property has the fundamentals buyers look for in a regional hotel. There is a public bar, separate lounge and dining areas, outdoor beer garden and a large commercial kitchen, supported by on-site accommodation and established trading history. The layout allows for multiple income streams to operate simultaneously, providing flexibility for both owner-operators and investors.

What makes this opportunity stand out is its upside. The hotel is well positioned for a buyer to improve performance through more active management, refreshed branding, enhanced food and beverage offering or targeted upgrades to accommodation. There is clear scope to reposition the asset and lift returns over time.

Proserpine plays an important role within the Whitsundays region. It services the surrounding residential and rural catchment while also benefiting from its proximity to Airlie Beach and the Whitsunday Coast Airport. This creates a steady mix of local trade, workforce demand and visitor flow, supporting the ongoing relevance of a well-run hotel in this location.

The Grand Central Hotel is a recognisable venue with long-standing ties to the community, offering both immediate income and future potential.

This is an opportunity to secure a freehold pub asset with scale, presence and multiple pathways to add value.

Key Features
• Freehold going concern hotel in town centre location
• Prominent main street position in Proserpine
• Multiple income streams including bar, dining, accommodation and takeaway liquor
• Public bar, lounge, dining area and outdoor beer garden
• Large commercial kitchen supporting food operations
• On-site accommodation
• Strong local presence with exposure to Whitsundays visitor market
• Value-add opportunity through refurbishment, repositioning or operational improvement
• Suitable for owner-operators, hospitality groups or investors

Information Memorandum and price guide is available upon request.

Agent Contact : Brett Dwyer (M) 0447 583 759 (E) brett.dwyer@raywhite.com