Aquarius on the Beach

75 The Strand Townsville QLD

For Sale
  • $7,350,000

Description

HIGH OCCUPANCY WITH CORPORATE AND DOMESTIC TRAVELLERS

LOCATION, LOCATION, LOCATION – The resort has an unrivalled location, positioned on a 4,262 sqm ocean front site on the Strand in Townsville offering spectacular views over the Coral Sea coastline. It is arguably one of the best positions in the Townsville region.

MULTI – FACETED HOTEL OFFERING WITH DIVERSE INCOME STREAMS STRONG FINANCIAL PERFORMANCE

WITH HIGH OCCUPANCY AND RATES – Aquarius on the Beach is a quality hotel which presents exceptionally well, having been maintained with constant capital expenditure. It is a truly a multifaceted hotel asset with multiple revenue streams including accommodation, conferencing, functions and weddings, including the caretaking and letting rights.

VACANT POSSESSION – The resort is currently owner operated and is offered with vacant possession, allowing an incoming owner to rebrand and reposition the resort.

DESTINATION HOTSPOT – With approximately $16.19B in major projects planned or under construction, the Townsville Region is set to experience growth over the coming years. With recent COVID events stalling activity, Townsville is starting to fire again. The destination is popular with domestic and corporate travel.

Details

Price: $7,350,000
Address:75 The Strand
City:Townsville
State:QLD
Property Type:MANAGEMENT RIGHTS FOR SALE
Additional Features:

Contact Us About This Listing

Shane Mullins photo
Shane Mullins

Senior Sales Manager

Cell: 0447 185 001

106/42 Brisbane Road
Mooloolaba, Queensland 4557