Apartment Hotel Leasehold "Off the Plan"
Property ID: 

C0230

Location: 
Townsville
Asking Price: 
Expressions of Interest
Letting Type: 
Holiday/Corporate
Building Type: 
Apartments
Net Profit: 
$340,000

This Strand development is one of the first new apartment hotel complexes Townsville has seen for some time. Located on the Strand in a high demand holiday area backed with the strong mining and military presence and associated corporate demand, this property will do very well.  Structured with fixed term/amount owner leases, the operator will find significant benefits in the lease form. With the proposed new Townsville Super Stadium to be located across the Ross River and the Adani Mining Headquarters proposed for the CBD, Townsville is set to boom again. This is an excellent opportunity to purchase "off the plan".