The Empire Hotel, 29-31 McIlwraith Street, South Townsville, Qld 4810

Knight Frank Townsville is pleased to present The Empire Hotel, 29-31 McIlwraith Street to the market For Sale or Lease. 

The iconic Empire Hotel in Townsville presents an exceptional opportunity to acquire an established freehold hotel with a fully refurbished bar, kitchen and amenities block and is ready for immediate operation with only little investment required. Featuring a spacious outdoor beer garden with an extended kids’ play area on the adjacent vacant block of land which can be leased or purchased, as well as a fully operational kitchen, this property offers a fantastic environment for families, locals, and tourists alike. With the added benefit of a TAB area, as well as a dedicated kids playroom which could be converted into a licensed gaming room, the venue caters to a wide variety of patrons, ensuring consistent foot traffic and revenue streams.

The hotel’s upstairs level is home to 15 blank canvass rooms and a balcony area ideal for hosting functions and private events. Whether it’s a casual gathering or a larger celebration, the Empire Hotel’s versatile space ensures guests have a memorable experience. 
With its prime location just a stone’s throw from Palmer Street, Townsville’s CBD, and the Queensland Country Bank Stadium, the Empire Hotel Townsville benefits from high visibility and foot traffic in one of the city’s most vibrant and growing areas.

As the region continues to develop, the Empire Hotel is perfectly positioned to take advantage of this and with all the hard work already done, it’s a seamless transition for the new owner. Investors and operators alike will find great potential in this well-established business, offering both a prime location and an exceptional near new hotel.

Key features include: 
- Family friendly beer garden with children’s playground 
- Recently refurbished 
- Opportunity with future growth through updating accommodation or refurbishing for functions venue
- 5 minutes* walk to Townsville’s CBD and Queensland Country Bank Stadium 
- Full glycol reticulated system 
- Public bar 
- Air-conditioned indoor seating
- Fully functional kitchen 
- Practically new amenities including PWD
- Corner location with great presence 
- Large balcony surrounds first floor suitable for dining and functions

The property is offered For Sale by Offers to Purchase. 

For more information or to arrange an inspection, please contact the Glen Cummins or Mark Fitzgerald at Knight Frank..