HTL Property is pleased to offer for sale the freehold going concern interest in Madison Plaza Hotel Townsville – a 4-star, mid-scale hotel positioned it the heart of Townsville, an international tourist destination and strong regional centre. Key Investment Highlights: • Highly popular 4-star hotel located in the heart of Townsville CBD • 93 modern rooms + indoor pool, gym, bar with lounge and parking • Extensive function facilities with commercial kitchen + 5 commercial tenancies • High-profile corner of Stanley Street and Flinders Street + Sturt Street parking lot • Walk to all tourist attractions – Casino, Country Bank Stadium and Townsville’s “high street” • Diversified income via accommodation, commercial tenancies, function facilities and F&B • Globally renowned destination for its easy access to the Great Barrier Reef and Magnetic Island • “Capital of Far North QLD”, a major regional city attracting tourists and corporate travellers alike • Substantial, combined 2,091sqm* CBD freehold landholdings with favourable zoning • Scope to immediately boost revenues by letting up the vacant tenancies • Currently operated under the ‘Madison’ brand, with Vacant Possession available Madison Plaza Hotel Townsville provides a prime opportunity to acquire a profitable and established business operation with excellent scope to boost revenues via vacant tenancies, refurbishments and F&B; all underpinned by a substantial, high-profile CBD freehold landholding in a strong regional city securing long-term value. Madison Plaza Hotel Townsville is for sale via an exclusive Expression of Interest campaign, closing at 4pm on Thursday, 29 August 2024. *Approx.
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