LARGE FREEHOLD LAND / BUILDING AND HOTEL BUSINESS FOR SALE IN THE HEART OF FINCH HATTON
Based in the heart of the Finch Hatton Township stands the Criterion Hotel. Over 100 years old the Criterion sits on one of the largest blocks of Commercial land in this area at 2,770 m2.
With plenty of room for future development and the opportunity to grow the business with other avenues not yet offered, right now is the time to invest in this great opportunity.
The hotel is a classic all round hotel offering every facet of a good hospitality business and is well balanced. The hotel has had had some renovations over the past 5 years, with a new awning added to the front of the building. The Hotel also has Solar panels reducing the electricity cost significantly.
Hotel facilities comprise:
Large covered outdoor dining area
8 Motel style Rooms
The development of a world-class network of mountain bike trails in the Pioneer Valley provides a unique opportunity to grow the tourism economy and deliver a destination product that has extensive economic benefits to Finch Hatton, Eungella and the broader Mackay Region. ***
The Mountain Bike Park will be comprised of a 100km network of single direction mountain bike trail spanning from Eungella to Finch Hatton in the Pioneer Valley.
The 27 trails will navigate through Australia’s longest stretch of lush subtropical rainforest of the Eungella National Park and Crediton State Forest and will provide visitors with over three days of world-class riding experiences.
The proposed network features beginner family-friendly, intermediate/36km wilderness and shuttle-accessible gravity trails and a pump track. Both Eungella and Finch Hatton will act as trail towns, the key service hubs for the trails, and will offer starting/ finishing points and critical rider services including accommodation and eateries, equipment hire, shuttle services and supporting infrastructure.
Capable of hosting world-class events, the Mountain Bike Park will consist of a trail network built to international standards, infrastructure such as trail heads, car parking, toiletries and recreation facilities. The construction and supporting infrastructure is estimated to cost between $8.8 million and $11.6 million.
When fully operational, the Mountain Bike Park is estimated to generate:
* an additional 31,000 annual visitors, including 5,000 international riders
* additional $18m annual economic benefit in the Mackay region
* additional 110 FTE jobs for the Mackay region
* significant construction and ongoing job opportunities in ancillary businesses such as accommodation, hospitality, transportation services, tours and tuition
* improved national and international awareness of Finch Hatton, Eungella and the Pioneer Valley as a tourism destination
* opportunity to capture a market segment of one of the fastest growing sports in the world
Finch Hatton and the Pioneer Valley is located some 70 klms from Mackay.
Mackay is one of Queensland’s most accessible regional destinations by air, road or rail. Affordable and frequent air services into Mackay Airport with Qantas and Virgin airlines enhance the appeal as a business and leisure destination. With the Bruce Highway running directly through Mackay this provides for excellent road connections to all of Queensland.
*** Click on attached link for more information on the Pioneer Valley Mountain Bike Trails.