This is a tightly held inner-city leasehold hotel in one of Brisbane’s most strategically positioned hospitality precincts, directly opposite the Gabba Entertainment and Housing Precinct, where site works have commenced for a new 17,000-seat world-class indoor arena.
The venue operates under a Commercial Hotel Liquor Licence with approved Extended Trading Hours to 1:00am, seven days per week, and has generated consistent historical turnover exceeding $1.5 million per annum, achieved without any contribution from Gaming, TAB or Keno. That income base is verified, and every one of those revenue streams sits above it as available and activatable upside.
The opportunity to repurpose this asset into a full-scale pub and hotel operation is significant. An incoming operator can activate TAB and Keno from day one, apply for up to three detached bottle shops within a 10km radius, and pursue a Gaming Licence application for up to 45 EGMs subject to relevant approvals. Development approval is also in place for a rooftop beer garden extension.
LOCATION
The venue sits directly opposite the Gabba site, now being redeveloped as Brisbane’s permanent major entertainment hub through the Brisbane Live initiative. Site drilling has commenced, two global consortia have been shortlisted, and construction starts in the first half of 2027. With approximately 20 major event days already generated annually across AFL, Test Matches and T20 Cricket, the existing event pipeline is proven. The new 17,000-seat arena adds a permanent layer of concert, sport and entertainment demand to a location that is already trading well.
The Woolloongabba Priority Development Area is earmarked for residential expansion including developments up to 75 storeys and approximately 14,000 new dwellings housing an estimated 24,000 new residents. The Woolloongabba Cross River Rail station has been formally integrated into the arena precinct project. The venue benefits from dual street frontage to Logan Road and Stanley Street, with exposure to over 20,000 passing vehicles daily and licensed footpath dining.
VENUE AND INFRASTRUCTURE
The venue spans multiple integrated bar, dining and function spaces across two buildings with total usable patron area exceeding 300m² across indoor, balcony, mezzanine and outdoor spaces. Infrastructure includes a $150,000 beer reticulation system, 26 taps with no brewery tie agreements, extensive cold room infrastructure, a fully equipped commercial kitchen, and all plant and equipment owned outright and unencumbered. The asset register is valued above $500,000, with a corresponding depreciation schedule that supports the acquisition case for any buyer using standard commercial financing.
LICENCE AND LEASE
A secure lease runs through to 2029 with two further five-year options, extending well beyond the 2032 Olympics. The landlord is highly collaborative and open to working with tenants on future site initiatives. The Commercial Hotel Licence with 1:00am Extended Trading Hours, TAB and Keno eligibility, bottle shop entitlements and gaming licence potential collectively represent a trading rights profile that is rarely available in inner Brisbane and near impossible to replicate.
Buyers who move in 2026 secure the full run-up to arena construction completion, the 2032 Games, and the permanent post-Games demand pipeline. All enquiries through Off Market Group.
