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2663mf - Regional Cbd All Suites Hotel Freehold For Sale

Gladstone City, Queensland, Australia
Asking Price:
FREEHOLD OFFERS OVER $8,500,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Recently renovated 56 modern one-bedroom apartments (all 65 m2 plus).

- Position, Position, Position is the key.

- CBD location and easy walking to all areas.

- 75% average occupancy and growing.

- Achieved room rates ranging from $120 - $200 per night.

- Central position offers access to restaurants, galleries, meeting venues, Museum, art gallery and the like.

- Outdoor pool, barbeque and sitting / entertaining area.

- Featuring a modern, recently renovated, well positioned restaurant with fully equipped kitchen and bar.

- 57 undercover secure car spaces.

- The property benefits from a quality build (Thiess Watkins) and is evidenced by long term ownership. (The same owner for 34 plus years).

- Each unit has a kitchen with an oven, microwave and washing machine and are highly regarded by guests. Many with superb views from their private balcony.

- Guests can explore the spectacular beauty of this part of the world - The Great Barrier Reef, Lady Island, Musgrave Island, the National Parks and Hinterlands.

- Gladstone has a sub-tropical climate with islands, waterways and beaches allowing year-round boating, fishing, swimming, and surfing.

- Strategic holding with a long-established position and business that is worthy of your investigation.

Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2663MF (quote when enquiring)

Property Code: 3890

Contact Tourism Brokers

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