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
1. Freehold landmark hotel, offering both secure income and substantial underlying land value on approximately 1,021sqm, pub building 413sqm.
2. Committed incoming tenant on a new 3 + 3 year lease, with further lease extension available to commence at settlement, delivering immediate holding income.
3. Secure net rental return circa $240,000 per annum, plus GST and outgoings.
4. Strategically located on a high‑profile corner in South Townsville, moments from Palmer Street, Townsville CBD and Queensland Country Bank Stadium, benefitting from local public and private investment.
5. Significant recent refurbishment works completed, reducing short‑term capital expenditure requirements.
6. Manager’s residence recently renovated, providing on‑site accommodation flexibility and operational convenience.
7. Substantial hospitality footprint comprising a refurbished public bar, commercial kitchen, large indoor and outdoor trading areas, and an expansive beer garden suitable for families.
8. First‑floor balcony and function‑capable spaces, enabling events revenue and diversified trading opportunities.
9. Iconic early 1900s building, enhancing brand recognition and appeal within the town’s entertainment precinct.
10. New lease structure and tenant commitment preserve medium‑term income while retaining future strategic upside for investors or developers.
11. Energy rating of 5, indicating above‑average energy performance relative to comparable assets.
