QLD Tourism Capital Hotel For Sale by HTL Property

HTL Property’s national accommodation division is pleased to present for sale Cairns Southside International Hotel via an Expression of Interest campaign.

HTL Property Directors Paul Nyholt and Nic Simarro have been exclusively appointed to manage the sale.

Cairns Southside International boasts 62 guest suites and serviced apartments, a poolside restaurant/bar, swimming pool with waterslide and much more.

The hotel is positioned upon a significant 3,331 sqm of favourably zoned land.  For those looking to expand the footprint, there is also an opportunity to acquire the 3 adjoining properties at the rear of the hotel.  Should these be included, the land parcel on offer is 5,374 sqm.

The hotel is strategically located 6 minutes’ drive from the Cairns CBD and moments from Earlville Shopping Town, DFO and Cairns Golf Course. Due to its location, the property offers a sense of tranquillity by comparison to the hustle and bustle of the Cairns CBD; and therefore appeals to corporate and family guests.

Cairns is a world-renowned tourist destination, prized for its pristine beaches, favourable climate, unique experiences and diverse holiday offerings.

Cairns is the gateway to a healthy list of world heritage sites including the Great Barrier Reef; and accordingly, enjoys the benefit of both Domestic and International Airports.

Cairns International Airport services direct flights from Japan, Indonesia and New Zealand – while the Domestic Airport services multiple airlines from nearly every major city in Australia.

“Cairns is a major gateway city into Australia’s tourism market; and therefore appeals to a wide range of investors” commented HTL Property Director, Paul Nyholt.

“While occupancy across the region has been slightly impacted since the CV-19 related lockdowns (64%), Cairns boasts healthy growth to its average daily rate, currently sitting at $218; up from $148 in 2019” added Nyholt.

“Cairns is considered a tourist mecca given the cultural diversity that is attracted to the world heritage sites and experiences on offer” added HTL Property Director, Nic Simarro.

“The city suits all age groups and all nationalities and offers buzzing pubs, waterfront fine-dining restaurants and exclusive hotels and resorts for its travellers” concluded Simarro.

Cairns Southside International offers an unrivalled opportunity to enter the Cairns Hotel market and leverage off an already established hospitality operation.

The property is for sale by Expression of Interest closing Thursday 29 June, 2023.

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