Brand New Off the Plan Opportunity in Growth Potential area.
This Strand development is one of the first new apartment hotel complexes Townsville has seen for some time. Located on the Strand in a high demand holiday area backed with the strong mining and military presence and associated corporate demand, this property will do very well. Structured with fixed term/amount owner leases, the operator will find significant benefits in the lease form. With the proposed new Townsville Super Stadium to be located across the Ross River and the Adani Mining Headquarters proposed for the CBD, Townsville is set to boom again. This is an excellent opportunity to purchase "off the plan".
Hotel InformationTotal Rooms: 41Stars: 4.5Restaurant Facilities: NoLiquor Licence: NoRestaurant: NoLease: LeaseholdLease Term: 20 years
General FeaturesWalk to (vicinity of): Beach, Dining, Park/nature Reserve, Ferry Terminal
Other Features / Notes
Barbecue area, landscaped gardens, secure parking, lift. Walk to water park.