The asset is for sale through Leon Alaban and Kath Brassington of Savills Australia.

The Karumba Lodge Hotel occupies a prime 9,956sqm* site, positioned along Yappar Street and Gilbert Street, with frontage to the Norman River. This location presents an outstanding lifestyle and business opportunity in one of Queensland’s most unique coastal destinations.

Karumba, a charming town in the Gulf of Carpentaria, is renowned for its thriving fishing industry, breathtaking sunsets, and relaxed atmosphere. The town is situated approximately 2,154km northwest of Brisbane, 69km north of Normanton, and 452km north of Cloncurry. This destination attracts thousands of tourists and fishing enthusiasts annually, contributing to the town’s vibrant hospitality industry.

The hotel's prime location offers convenient access to local amenities such as the bakery, post office, supermarket, fishing charters, and river cruises. The property adjoins the town’s main boat ramp and pontoon, making it an ideal choice for avid anglers.

Kath Brassington, Associate Director – Savills Hotels Australia said, “This location presents an outstanding lifestyle and business opportunity in one of Queensland’s most unique tourism and fishing destinations. The opportunity provides the successful buyer an asset which will offer a strong passing yield, a business with a solid foundation whilst offering both operational and capital upside.”

The Karumba Lodge Hotel’s facilities comprise of a Public Bar & Beer Garden, Lounge Bar & Bistro, Gaming Room with 22 EGMs and approval to increase to 28 EGMs, On-site Bottle Shop, Motel Accommodation (24 Rooms), Two (2) Bedroom Manager’s Residence, and Caravan Park / Camping Area (17 Sites).

Leon Alaban, Head of Hotels – Savills Hotels Australia said, “The Karumba Lodge Hotel has been tightly held for 18 years and has only had two owners over the past 30+ years, a testament to its stability and long-term profitability. The combination of an established business model, consistent trade, and excellent location presents a compelling opportunity for operators seeking a freehold going concern with strong financial returns.” The Freehold Going Concern of the Karumba Lodge Hotel is being offered for sale by way of Expressions of Interest through Savills Australia.

Click Here For Full Press Release