South Townsville, Queensland
Confidential Off-Market Passive Investment Hotel Opportunity
Expressions of Interest
Business Description
An exceptional opportunity exists to acquire one of Townsville’s most recognisable pub assets, strategically positioned within the rapidly evolving South Townsville hospitality and entertainment precinct.
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
1. Landmark freehold hotel in South Townsville offering both secure income and freehold land ownership.
2. New tenant committed to a 3 plus 3 year lease commencing at settlement, providing immediate holding income.
3. Net income circa $240,000 per annum plus GST and outgoings, providing predictable cashflow.
4. Approximate total land area 1,021 sqm, with the pub building footprint about 413 sqm, indicating substantial underlying land value.
5. High-profile corner position with strong exposure and accessibility, moments from Palmer Street, the CBD and Queensland Country Bank Stadium.
6. Recent significant refurbishment works completed, reducing short-term capital expenditure risk.
7. Large indoor and outdoor trading areas, including an expansive beer garden, supporting broad demographic appeal and family-friendly trading.
8. First-floor balcony and function-capable spaces, offering event revenue potential and flexible upper-level accommodation/function use.
9. Commercial kitchen, refurbished public bar and modern amenities already in place, enabling tenant-ready operations.
10. Located within a rapidly evolving hospitality and entertainment precinct, benefitting from public and private investment across tourism, defence and infrastructure.
11. Positioned to capitalise on Townsville’s pub and entertainment market resurgence, with limited comparable quality freehold opportunities in regional Queensland.
12. Energy rating of 5, indicating above-average energy performance for the asset.
