192 Bolsover St, Rockhampton City, Queensland

Outstanding Passive Hotel Investment

EOI closing 3/10/24 @ 4pm (unless sold prior)

Business Description

JLL Hotels & Hospitality Group is proud to offer for sale the Quality Hotel Regent, Rockhampton QLD.

Investment attributes include:
• Leased investment with 10 year initial term & 2 x 5 year options
• 49 key hotel set in a beautifully refurbished heritage building with a classic yet sophisticated finish
• Tenant operates under a franchise agreement with Choice – an international hotel chain
• Central, convenient location just a short walk to the centre of Rockhampton - ideal base for visiting the Great Barrier Reef or Great Keppel Island
• On-site restaurant, Regent Café and on-site cocktail bar, conference facilities for up to 100 guests & outdoor pool with tropical surrounds
• Net Income: $615,510* (FY25)

For Sale by Expressions of Interest

Closing Thursday 3 October 2024 at 4.00pm (unless sold prior)

Business Summary

Marketing Agent
Gareth Closter
Gareth Closter

JLL Hotels & Hospitality Group

JLL Hotels & Hospitality Group

Key Investment Insights

1. The Quality Hotel Regent is a passive investment opportunity, offering a stable and consistent income stream.
2. The hotel is leased for a 10-year term with 2 x 5 year options, providing long-term security for the investor.
3. The property is a beautifully refurbished heritage building, adding to its charm and appeal.
4. The hotel is operated by a well-known and reputable international hotel chain, Choice, under a franchise agreement.
5. Its central location in Rockhampton makes it a convenient base for tourists visiting the Great Barrier Reef or Great Keppel Island.
6. The hotel offers a range of amenities including an on-site restaurant, cocktail bar, conference facilities, and outdoor pool.
7. The projected net income for FY25 is $615,510, providing a strong return on investment.
8. The property is being offered for sale by Expressions of Interest, allowing potential buyers to submit their offers.
9. The deadline for offers is Thursday 3 October 2024 at 4.00pm, unless the property is sold prior.
10. This is a rare opportunity to invest in a well-established and profitable hotel in a popular tourist destination.
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Hotels For Sale

You may also like

Exclusive - Rare Investment Opportunity - ID 9160
2.18 Multiplier on the Gold Coast - ID 9166
High End Resort situated in popular tourist destination Airlie Beach | Resort Brokers ID : MR008486
PRIME TOURISM DEVELOPMENT OPPORTUNITY IN STUNNING NSW SOUTH COAST LOCATION | Resort Brokers ID : FH008462
Exclusive - Prime Location With Excellent Growth - ID 9157
Business-Only Opportunity in Brisbane - ID 9165
Cannot find what you’re looking for in today’s market then, Build Your Own! | Resort Brokers ID : FH008480
Exclusive - High Return Management Rights Opportunity - ID 9156
Exclusive - Prime Location Near Sunnybank - ID 9159
Exceptional Management Rights Opportunity in Beautiful Scarborough
Exclusive - High Return Investment Opportunity - ID 9158
Laguna on Hastings -  Building Manager & Letting Agreement
A1 Motel - 1P6181
Calling All Aspiring Homeowners:Guaranteed Income and Work-from-Home Opportunity | Resort Brokers ID : MRC008473
Acquire a Premier Resort on the Sapphire Coast | Resort Brokers ID : FH008457
Rare Opportunity – First Time on the Market in 20 Years
Bella Vista 18 Units Long Lease Offers Considered
Albany Creek Permanent Complex Caretaking only