166-194 Woolcock Street Service Rd, Currajong, Queensland
Mercure Hotel Townsville
SOLD
Business Description
• Mercure Townsville offers a tropical resort of genuine scale with 202 potential rooms.
• Opportunity to re-brand, franchise, owner operate or continue current HMA.
• Substantial site of approximately 4ha with stunning sprawling tropical gardens.
• Only Accor branded hotel in Townsville.
• Diverse income streams with substantial opportunity for growth via strategic repositioning.
• Resort style amenities including conference facilities, lagoon pool and spa, gym, tennis and basketball courts in addition to the bats & dining areas.
• Meaningful passing income with upside and hug development potential - historical DA for units that could be invigorated.
• Available with vacant possession of brand and management.
For Sale via Expressions of Interest, Closing Thursday 27th March 2025 (If not sold prior)
Business Summary
Key Investment Insights
1. 202 potential rooms, indicating substantial accommodation capacity and scale.
2. Approximately 4 hectares of land with sprawling tropical gardens, providing significant grounds and development space.
3. Only Accor branded hotel in Townsville, offering brand recognition and potential market exclusivity.
4. Multiple resort-style amenities including conference facilities, lagoon pool and spa, gym, tennis and basketball courts, and bars and dining areas, supporting diverse guest experiences.
5. Diverse income streams currently in place with substantive upside through strategic repositioning or enhanced revenue management.
6. Opportunity to rebrand, franchise, owner operate or continue the current HMA, providing flexible transaction and operational pathways.
7. Available with vacant possession of brand and management, enabling an immediate change of branding or operational model.
8. Meaningful passing income combined with upside, indicating existing cashflow while offering improvement potential.
9. Historical development approval for residential units, signalling tangible development potential on-site.
10. For sale via Expressions of Interest, closing Thursday 27 March 2025, creating a defined transactional timeframe for buyers.
