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 $1,340,000 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.
Price: Expressions of Interest
Net Profit: $760,000
Hotel InformationTotal Rooms: 90Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Leasehold