South Townsville, Queensland
Passive Investment $240k Rent in Townsville
Expressions of Interest
Business Description
An exceptional opportunity exists to acquire one of Townsville’s most recognisable pub assets, The Empire Hotel, strategically positioned within the rapidly evolving South Townsville hospitality and entertainment precinct.
⭐ Key Investment Highlights
•🏷️Asking Price: Expression of Interest
•💰 Rent: $240K per annum
•📈 Return on Investment: %
•🏡 Beautifully Renovated Manager's Residence
•📅 3 + 3 Lease with further extension on settlement
• 🏞️ 1,021sqm land with the Pub 413sqm
The Hotel combines secure income, substantial underlying land value and genuine long-term potential, all anchored by a newly secured tenant and fresh lease structure to commence at settlement.
Occupying a commanding corner position, the property sits moments from Palmer Street, Queensland Country Bank Stadium and the Townsville CBD — a location continuing to benefit from major public and private investment across tourism, hospitality, defence and infrastructure sectors.
Originally constructed in the early 1900's, the Hotel remains an iconic North Queensland hotel asset, extensively improved in recent years and now positioned to capitalise on the continued resurgence of the Townsville pub and entertainment market.
The venue offers their tenant a substantial hospitality footprint including a refurbished public bar, commercial kitchen, expansive indoor and outdoor patron areas, large first-floor balcony/function space and an established family-friendly beer garden environment.
Importantly, the incoming purchaser will benefit from a new tenant currently committed to a 3 + 3 year lease returning approximately $240,000 per annum net plus GST and outgoings, with extended lease provisions to be enacted at settlement, delivering immediate holding income while preserving future strategic upside.
Investment Highlights:
Landmark freehold hotel positioned within South Townsville’s key hospitality precinct
Approx. 1,021sqm land with the Pub 413sqm
Secure net income of approximately $240,000 p.a. + GST + outgoings
New 3 + 3 year lease with further lease extension to commence at settlement (if requested)
High-profile corner location with strong exposure and accessibility
Significant refurbishment works already completed
Large indoor/outdoor trading areas suited to broad demographic appeal
Commercial kitchen, public bar and modern amenities in place
Expansive beer garden and function-capable balcony areas
Flexible upper-level accommodation/function potential
Walking distance to Palmer Street dining precinct, CBD and Queensland Country Bank Stadium
With quality freehold pub opportunities becoming increasingly scarce throughout regional Queensland, particularly those offering both secure income and future redevelopment flexibility, the Empire Hotel represents a compelling acquisition for investors, developers and experienced hospitality operators alike.
Further information available upon request.
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Iconic freehold hotel asset in South Townsville, offered with approximately $240,000 annual net rent plus GST and outgoings.
2. New tenant committed to a 3 plus 3 year lease, with further extension provisions commencing at settlement.
3. Substantial 1,021sqm landholding includes a 413sqm pub, providing underlying land value and future flexibility.
4. Commanding corner position near Palmer Street, Townsville CBD and Queensland Country Bank Stadium.
5. Extensively refurbished venue with public bar, commercial kitchen, modern amenities and substantial trading infrastructure.
6. Broad hospitality footprint includes indoor and outdoor patron areas, beer garden and function capable first floor balcony.
7. Beautifully renovated manager’s residence adds an established accommodation component to the property.
8. Recognisable early 1900s North Queensland hotel positioned within South Townsville’s evolving hospitality and entertainment precinct.
