8 Minnie Street, Cairns City, Queensland
Boutique Freehold Hotel Opportunity
Expressions of Interest by 10th June 2022
JLL Hotels & Hospitality is delighted to present for sale the Tropical Heritage Hotel via Expressions of Interest. This is an outstanding opportunity for an investor to secure a quality hotel to reposition or rebrand and capitalise on the growth in trade that the Cairns and Far North Queensland region is currently benefiting from.
Investment highlights include:
• 44-key + 2 bedroom Managers Residence - freehold going concern hotel in core Cairns tourism hotspot
• Significant 2,053sqm* site with future development potential (STCA)
• Offered on an opportunistic per key rate
• Fantastic location - just short stroll to the Cairns Esplanade
• Offered with vacant possession allowing the incoming operator to reposition the hotel
• Positioned to benefit from North Queensland tourism boom with the opening of state and international borders
To obtain a copy of the Information Memorandum, please contact the exclusive agent.