Townsville, Queensland

Madison Plaza Hotel Townsville

SOLD

Business Description

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.

Business Summary

Marketing Agent

Andrew Jackson

0405 35....

Paul Nyholt

0412 05....

HTL Property

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location in the heart of Townsville CBD, a popular tourist destination and strong regional centre.
2. 93 modern rooms and extensive facilities including an indoor pool, gym, bar, and parking.
3. Diversified income streams from accommodation, commercial tenancies, function facilities, and F&B.
4. High-profile corner location with visibility and easy access to popular tourist attractions.
5. Potential for immediate revenue growth by leasing out vacant tenancies and implementing refurbishments and F&B options.
6. Globally renowned destination for its proximity to the Great Barrier Reef and Magnetic Island.
7. Strong regional city with a diverse mix of corporate and leisure travelers.
8. Substantial freehold landholdings totaling 2,091sqm with favorable zoning.
9. Currently operated under the successful ‘Madison’ brand, with the option for Vacant Possession.
10. Opportunity for long-term value and growth in a stable and established business operation.