15-19 Victoria Street, Townsville, Queensland
MOTEL WITH AWESOME VIEWS, TOWNSVILLE CITY
SOLD
Business Description
PROPERTY DESCRIPTION
• Solid 24 room of brick & tile construction
• Stunning 180 views of Magnetic & beyond to the north
• Outstanding location in North Ward. Townsville #1 suburb
• Extensively renovated over the last 2 years
• Restaurant & large commercial kitchen under-utilised with huge demand
• Rooms are large with most being self-contained.
• Flood Free property
• Leafy location with CBD (400m) & Strand Beach (800m) nearby
• Mix of clientele – Corporate, tradies, regulars, tourists, groups
• Idyllic tropical lifestyle with income as well
Business Summary
Motel Information
Total Rooms: 24Restaurant: YesSale Type: Freehold
Key Investment Insights
1. The motel has a solid 24 rooms made of brick and tile construction.
2. The property offers stunning 180-degree views of Magnetic Island and beyond to the north.
3. The location of the motel is in North Ward, which is considered to be Townsville's #1 suburb.
4. Extensive renovations have been carried out over the last 2 years.
5. The restaurant and large commercial kitchen are currently underutilized, despite high demand.
6. The rooms are spacious and most are self-contained.
7. The property is flood-free.
8. The motel is located in a leafy area, with the CBD and Strand Beach nearby.
9. The clientele is diverse, including corporate guests, tradies, regulars, tourists, and groups.
10. The motel offers an idyllic tropical lifestyle with a steady income.
