The campaign will be led by HTL Directors Daniel Dragicevich, Andrew Jolliffe and Glenn Price.
A cornerstone hospitality asset in a world-class destination, The Cove Tavern stands as the only commercial hotel licensed venue within the prestigious Sanctuary Cove; making it the sole liquor retailer and gaming operation within the precinct currently generating substantial, well balanced annual revenues of approximately $5.6 million.
Sanctuary Cove is a premier lifestyle destination with over 3,000 residents, a 377-berth marina, two championship golf courses, and the 5-star InterContinental Resort. The North Gold Coast corridor is experiencing significant residential and infrastructure growth, including new rail and road projects in Hope Island and Coomera. Major events like the Sanctuary Cove International Boat Show (41,000+ visitors annually) and the upcoming 2032 Brisbane Olympics, will further boost visitation and demand.
The offering includes a public bar, bistro, sports bar, TAB, gaming room with 20 gaming machines in operation; and a walk-in bottle shop.
"The Cove Tavern offers the opportunity to help shape the future of Sanctuary Cove’s hospitality landscape; a rare, scalable hospitality platform in a high-growth, affluent precinct. Whilst already a strong trader, with significant inherent business goodwill, there exists potential in expanding the venue offering, modernising facilities, activating additional gaming capacity, and leveraging its strategic location and growing local demand" commented HTL National Director, Dan Dragicevich.
"The South East Queensland Hotel market has experienced a noticeable uptick in cross-border investor activity and market depth; highlighted by HTL's recent $50m sale of the Treetops Tavern” concluded HTL Property Managing Director, Andrew Jolliffe.
The Cove Tavern is being offered for sale via Expression of Interest, closing Wednesday 22 July 2026 at 4pm. Inspections are by appointment only.
For further information or to arrange an inspection, please contact the exclusive agents at HTL Property.
