HTL Property is pleased to offer for sale the freehold going concern interest in Madison Plaza Hotel Townsville – a 4-star, mid-scale hotel positioned it the heart of Townsville, an international tourist destination and strong regional centre.
Key Investment Highlights:
• Highly popular 4-star hotel located in the heart of Townsville CBD
• 93 modern rooms + indoor pool, gym, bar with lounge and parking
• Extensive function facilities with commercial kitchen + 5 commercial tenancies
• High-profile corner of Stanley Street and Flinders Street + Sturt Street parking lot
• Walk to all tourist attractions – Casino, Country Bank Stadium and Townsville’s “high street”
• Diversified income via accommodation, commercial tenancies, function facilities and F&B
• Globally renowned destination for its easy access to the Great Barrier Reef and Magnetic Island
• “Capital of Far North QLD”, a major regional city attracting tourists and corporate travellers alike
• Substantial, combined 2,091sqm* CBD freehold landholdings with favourable zoning
• Scope to immediately boost revenues by letting up the vacant tenancies
• Currently operated under the ‘Madison’ brand, with Vacant Possession available
Madison Plaza Hotel Townsville provides a prime opportunity to acquire a profitable and established business operation with excellent scope to boost revenues via vacant tenancies, refurbishments and F&B; all underpinned by a substantial, high-profile CBD freehold landholding in a strong regional city securing long-term value.
Madison Plaza Hotel Townsville is for sale via an exclusive Expression of Interest campaign, closing at 4pm on Thursday, 29 August 2024.
1. Prime location in the heart of Townsville CBD, a popular international tourist destination and strong regional centre.
2. 93 modern rooms, indoor pool, gym, bar with lounge, and parking.
3. Extensive function facilities with commercial kitchen and 5 commercial tenancies.
4. High-profile corner location on Stanley Street and Flinders Street, with a nearby Sturt Street parking lot.
5. Close proximity to all major tourist attractions, including the Casino, Country Bank Stadium, and Townsville's "high street".
6. Diversified income streams from accommodation, commercial tenancies, function facilities, and F&B.
7. Located in a globally renowned destination for easy access to the Great Barrier Reef and Magnetic Island.
8. Townsville is known as the "Capital of Far North QLD" and is a major regional city attracting both tourists and corporate travellers.
9. Substantial combined 2,091sqm* CBD freehold landholdings with favorable zoning.
10. Potential to increase revenues immediately through leasing out vacant tenancies.
11. Currently operated under the 'Madison' brand, with Vacant Possession available.
12. Opportunity to acquire a profitable and established business with long-term value.
13. For sale via an exclusive Expression of Interest campaign, closing at 4pm on Thursday, 29 August 2024.
