Hotel/Leisure for Sale

Lot 2 & 3/69-77 Palmer Street South Townsville, QLD 4810

$600,000 ex GSTPlay Video
  • Building/Land: 285m²

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Hotel/Leisure for Sale in South Townsville

Waterfront commercial tenancies within Solarus apartments

  • Building/Land: 285m²

Two ground-floor commercial tenancies are available within the Solarus apartment complex, which offers stunning views of the Townsville Marina, Cleveland Bay, and Castle Hill.

These slightly elevated tenancies were built in 2010 and form part of the Solarus apartments. Solarus is a 12-storey luxury apartment complex with 73 apartments.

Lot 2:
• 214 sqm floor area
• Includes 56 sqm outdoor patio
• Existing restaurant fit out including seating area and commercial kitchen
• An additional 23 sqm store room
• Air conditioned
• Loading dock access
• Vacant possession
Price: $800,000 ex GST

Lot 3:
• 264 sqm floor area
• Includes 90 sqm outdoor patio
• Concrete shell ready to fit-out as required
• An additional 21 sqm store room
• Loading dock access
• Vacant possession
Price: $600,000 ex GST

There are 800 hotel rooms on Palmer Street, with an occupancy rate of 67.4%, meaning over 240,000 guests stay here each year. The location also has a very strong local customer base, making it highly sought after.

For more information or to arrange an inspection, please get in touch with Ray White Commercial Townsville.

Building:

285m²

Land:

285m² / 0.07 acres

Zone:

Commercial

Tenancy:

Vacant

Categories:

Hotel/Leisure, Offices

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Lot 2 & 3/69-77 Palmer Street, South Townsville, QLD 4810
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