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
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.
