74 The Strand
74 The Strand
74 The Strand
74 The Strand
Hotel/Leisure
ID 65474
Updated
Sold

The Watermark

74 The Strand

Townsville, Queensland, 4810

Please contact us for price

  • Size1,219 SQM 
Tom Gleeson

Tom Gleeson

Vice President, Investment Sales

Agent details

Mark Walsh

Mark Walsh

Vice President

Agent details

Christian Tsalikis

Christian Tsalikis

Vice President

Agent details

  • Description
  • Building Information
  • Location
  • Agents

Description

Leased Waterfront QLD Gaming Venue

Having successfully transacted the business component for the stakeholders, JLL Hotels & Hospitality Group is delighted to exclusively offer for sale the passive freehold interest in The Watermark, Townsville.

Investment highlights include:

- Securely leased 1,219sqm (approx.) site boasting enormous street and waterfront exposure
- Net Rental Income of $400,000 p.a. plus GST
- 10 year initial term expiry in May 2032
- 4 x 10 year options
- Includes 15 valuable coastal gaming machines
- Leased to well respected and growing Kickon Group which includes Plough Inn. South Bank; The Osbourne, Fortitude Valley; The Conti, Sorrento

For further information, please contact the exclusive agents.

Location

Agents

Tom Gleeson

Tom Gleeson

Vice President, Investment Sales

Agent details

Mark Walsh

Mark Walsh

Vice President

Agent details

Christian Tsalikis

Christian Tsalikis

Vice President

Agent details