Madison Plaza Hotel Townsville

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.

Closing

29 August, 2024 at 4PM