Townsville City, Queensland

New Leasehold Hotel Opportunity

$1,200,000

Property Description

This $71m Marine Precinct development will incorporate one of the first new hotel complexes Townsville has seen constructed in some time.
Located on Sir Leslie Thiess Drive close to The Ville Casino and The Strand, it is in a high demand holiday area. And backed with the strong mining and military presence and the associated corporate demand, this project will do well.
It is structured with fixed term/amount owner leases and the operator will find significant benefits and flexibility in the lease form. 0
In close proximity to the new $250m Townsville Super Stadium and the Adani Mining Headquarters in the CBD, Townsville is set to boom and this is an excellent time and opportunity to purchase a top new Hotel “off the plan”.
There is some flexibility in room types and numbers and rental of 300m2 F&B areas on ground level.
Owner HPG may also consider other structures for the Operator in terms of a Lease or Profit Share.
The complex is government grant assisted and construction is planned to commence late 2020 with full Terminal Complex completion expected around April 2023.

Property Summary

Business Snapshot

Price: $1,200,000 Net Profit: $2,168,000

Hotel Information

Total Rooms: 120Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Leasehold
Marketing Agent
Calvin Bailey
Calvin Bailey

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Listing location
Gallery

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