Hotel/Leisure
ID 65474Updated
Sold
The Watermark
74 The Strand
Townsville, Queensland, 4810
Please contact us for price
- Size1,219 SQM

Tom Gleeson
Vice President, Investment Sales
Agent details

Mark Walsh
Vice President
Agent details

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.
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
Vice President, Investment Sales
Agent details

Mark Walsh
Vice President
Agent details

Christian Tsalikis
Vice President
Agent details