The Walkabout Creek Hotel, which was made famous in Paul Hogan's Crocodile Dundee films, has been sold.
A "significant six-figure sum" was submitted by Frank and Debbie Wust, who plan to maintain the hotel as an iconic part of Australia's most iconic film.
Mr Wust told news.com.au: "We were visiting a friend in Boulia, who previously owned an outback hotel himself, and on the way home we stopped at the Walkabout Creek Hotel and the rest is history."
The hotel is located in the small town of McKinlay, in Northern Queensland, Australia and was built in 1900. It has 18 rooms, as well as a caravan park and set of stables.
It was previously owned by Paul Collins, who put it up for sale in 2010.
In the films the hotel is the preferred watering hole of Paul Hogan's Mick 'Crocodile' Dundee.