320 Flinders Street,
Townsville City, QLD 4810
Hotel, Motel & Leisure
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 320 Flinders Street
Iconic International Hotel with Flexible Conversion Opportunities
- 160 rooms, 40 apartments
- Recently refurbished
- Conversion Opportunities
Colliers International, in conjunction with Dransfield Hotels & Resorts and on behalf of Indigenous Business Australia offer for sale the freehold going concern investment of this iconic international hotel in Townsville, Queensland.
Strategically located in the Central Business District of Townsville, the hotel is being offered for sale with multiple conversion opportunities and Vacant possession available.
The hotel offers 160 spacious guest rooms and 40 one bedroom apartments. With restaurant and bar, a conference centre, health & fitness centre and a roof top swimming pool, this hotel has all the facilities expected of an international standard hotel.
An incoming purchaser has a number of options with this property:
•Convert the building into an alternate use and utilise holding income whilst a conversion strategy is developed and approved
•Owner operate under an independent brand or international franchise
•Retain existing hotel operator
•Seek a tenant
•Appoint new management company
The hotel is offered for sale by way of an Expression of Interest campaign, closing Thursday 7 April 2016.
A full data room has been made available for qualified potential purchasers. To access the information or to arrange an inspection please contact one of the agents listed.
Strategically located in the Central Business District of Townsville, the hotel is being offered for sale with multiple conversion opportunities and Vacant possession available.
The hotel offers 160 spacious guest rooms and 40 one bedroom apartments. With restaurant and bar, a conference centre, health & fitness centre and a roof top swimming pool, this hotel has all the facilities expected of an international standard hotel.
An incoming purchaser has a number of options with this property:
•Convert the building into an alternate use and utilise holding income whilst a conversion strategy is developed and approved
•Owner operate under an independent brand or international franchise
•Retain existing hotel operator
•Seek a tenant
•Appoint new management company
The hotel is offered for sale by way of an Expression of Interest campaign, closing Thursday 7 April 2016.
A full data room has been made available for qualified potential purchasers. To access the information or to arrange an inspection please contact one of the agents listed.
Townsville City, 4810 demographic data
The median household income for Townsville City is $2,013, 34% higher than Regional Queensland's household income of $1,507. Townsville City has a younger age profile compared to the rest of Regional Queensland (median age 39 vs 41). Property ownership data shows 44% of property owners in Townsville City have a mortgage.
2,945
Population
$2,013 per week
Median household income
39 years
Median age
Renters
Most residents
Families
Most households
07 3229 123...
320 Flinders Street
Townsville City, QLD 4810
Colliers - BrisbaneLevel 5, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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