Bush pub selling for a cool $5.2m
THE popular Timber Creek Hotel, 600km from Darwin, is on the market for a whopping $5.2m.
The rare outback property is listed with ResortBrokers managing director Trudy Crooks and NT broker Kelli Crouch.
The property includes a motel, caravan and camping sites, a swimming pool, licensed restaurant and bar, takeaway food outlet, service station and more.
Ms Crooks said the property, which boasted a net profit of $1.15m, was a strategic investment.
“For almost everyone who travels through, works or lives in this remote region, stopping at the Timber Creek Hotel is a must, a haven for relaxation and exploration,” she said.
“It’s a meeting place with a friendly, buzzing atmosphere as independent travellers and tour groups of all ages, truckies, workers and locals call in for comfort, sustenance, provisions and fuel.
“With the $20m Bradshaw Field Training Area for the military currently under construction in Timber Creek, and domestic and international borders now open, the options to capitalise on growth are endless.”
Current owner Fiona McDonald said the hotel and area attracted significant tourism, with the area renowned for its golden finch population and fishing, including the Big Horse Creek Barra Classic.
“There’s so much for locals and visitors to do here. Fishermen love the Victoria River, which flows 560km from its source, for its stock of barramundi,” Ms McDonald said.