9 Gregory Street,
Mackay, QLD 4740
Hotel, Motel & Leisure
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Map of 9 Gregory Street
MACKAY GRANDE SUITES
- 4.5 star apartment hotel
- 45 high performing gaming machines
- Strong cash flow business
CBRE Hotels have been retained exclusively to offer for sale the Mackay Grande Suites,
under instruction from the Voluntary Administrators, Sam Freeman and Justin Walsh of
Ernst & Young.
The offering comprises the 4.5 star apartment hotel with 91 rooms and associated facilities (swimming pool, conferencing, gymnasium), AM Bar & Bistro with 45 high performing gaming machines and Cactus Jack’s restaurant.
Property features and investment highlights include:
- Centrally located 2,029sqm* site with frontages to Gregory and Wood Street;
- Strong cash flow business with multiple diverse income streams and achieving solid profit margins;
- Upside opportunities exist for an incoming owner to strata title and sell down the various components;
- Mackay is positioned to benefit significantly from the proposed Adani Carmichael coal mine project, which would create Australia’s largest coal mine;
- Offered with Vacant Possession.
*approx
For Sale by Expression of Interest closing Thursday 15th June 2017 at 1:00pm AEST (unless sold prior)
under instruction from the Voluntary Administrators, Sam Freeman and Justin Walsh of
Ernst & Young.
The offering comprises the 4.5 star apartment hotel with 91 rooms and associated facilities (swimming pool, conferencing, gymnasium), AM Bar & Bistro with 45 high performing gaming machines and Cactus Jack’s restaurant.
Property features and investment highlights include:
- Centrally located 2,029sqm* site with frontages to Gregory and Wood Street;
- Strong cash flow business with multiple diverse income streams and achieving solid profit margins;
- Upside opportunities exist for an incoming owner to strata title and sell down the various components;
- Mackay is positioned to benefit significantly from the proposed Adani Carmichael coal mine project, which would create Australia’s largest coal mine;
- Offered with Vacant Possession.
*approx
For Sale by Expression of Interest closing Thursday 15th June 2017 at 1:00pm AEST (unless sold prior)
Property ID: 502405018Last Updated: 28 Feb 2018
9 Gregory Street
Mackay, QLD 4740
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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