166-194 Woolcock Street Service Rd, Currajong, Queensland

Mercure Hotel Townsville

For Sale via Expressions of Interest by 27/03/25

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

Marketing Agent
Gareth Closter
Gareth Closter

Tom Gleeson
Tom Gleeson

JLL Hotels & Hospitality Group

JLL Hotels & Hospitality Group

Key Investment Insights

1. Mercure Townsville is a well-established and reputable hotel with a strong presence in the local market.
2. The property offers a large number of rooms, providing potential for high occupancy rates and revenue.
3. There is an opportunity for the new owner to re-brand or franchise the hotel, or to continue with the current management arrangement.
4. The hotel is situated on a substantial 4ha site, featuring beautiful tropical gardens that add to the resort-like atmosphere.
5. As the only Accor branded hotel in Townsville, there is a competitive advantage in the market.
6. The hotel has multiple revenue streams, including conference facilities, a lagoon pool and spa, gym, and sports courts, which provide opportunities for growth.
7. The property also has potential for further development, with a historical DA for additional units that could be revitalized.
8. The hotel is currently generating steady income, with potential for further growth and development.
9. The property is available for sale with vacant possession of the brand and management.
10. The sale is being conducted through an Expressions of Interest process, providing interested parties with the opportunity to submit their offers by a set deadline.
Listing location
Gallery

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