Townsville City, Queensland

Expressions of Interest

Property Description

EXCITING NEW HOTEL LEASEHOLD OPPORTUNITY

The $56m Marine Precinct development will incorporate one of the first new hotel complexes Townsville has seen constructed in some time.
This is a top location on Sir Leslie Thiess Drive close to The Ville Casino and The Strand.
It is a high demand holiday area - and this is always backed with the strong mining and military presence with associated corporate demand - it will do well.
In close proximity to the new $250m Townsville Super Stadium, and Sealink has a proposal to extend its ferry service to the new Townsville Super Stadium. Close also to the Adani Mining Headquarters in the CBD.

Good projected year on year growth with projected Net Income of $739,000 in Year 3 for the operator.

Structured with fixed term/amount owner leases and the operator will find significant benefits in the lease form.

Townsville is set to boom and this is an excellent time and opportunity to purchase a top new Hotel off the plan.
Fully furnished hotel rooms and apartments will be provided to the operator.
There is some flexibility in room build numbers.
Construction is planned to commence mid 2019 with full Terminal Complex completion expected by mid-2021.
Expressions of interest are invited.
Strict Confidentiality conditions apply.

For further information contact exclusive agent Calvin Bailey.

Property Summary

Business Snapshot

Price: Expressions of Interest Net Profit: $430,000

Hotel Information

Total Rooms: 64Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Leasehold

Marketing Agent


Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey
Calvin Bailey Management Rights

Phone

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Map Location ( get directions )

Townsville City, Queensland 4810 Exact map location not provided

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