Brisbane, 17 July 2015 – CBRE Hotels has been appointed to market the Emerald Star Hotel Motel, which is situated in the Emerald CBD, approximately 270km west of Rockhampton.
The hotel property comprises four freestanding buildings on a large land parcel of approximately 4,083sqm, with dual street frontages to Clermont and Egerton Streets.
The property includes multiple trading areas and revenue sources, including gaming.The site is licensed for 37 Electronic Gaming Machines and currently holds 29 Operating Authorities.
The gaming room was refurbished in circa December 2013 and a new cafe was completed at the same time.
Other facilities include a public bar and a new function room (not currently operating) that opened in early 2014.
There are also 30 motel rooms contained in the two and three storey accommodation buildings, which are centrally located on the site. Additional features include an on-site drive through bottle shop and warehouse and a two bedroom manager’s residence.
The hotel also operates a Detached Bottle Shop within the nearby Emerald Village Shopping Centre.
CBRE Hotels’ agents Glenn Price and Daniel Dragicevich, on behalf of the Receivers and Managers, are managing the Expressions of Interest campaign, which closes at 2pm on Thursday 20th August 2015.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.