8 Minnie Street, Cairns City, Queensland

Boutique Freehold Hotel Opportunity

Expressions of Interest by 10th June 2022

Property Description

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

*Approx.

To obtain a copy of the Information Memorandum, please contact the exclusive agent.

Property Summary

Marketing Agent
Gareth Closter
Gareth Closter

JLL Hotels & Hospitality Group

JLL Hotels & Hospitality Group

Listing location
Gallery

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