biography

Vice President, Investment Sales

Tom Gleeson

Leased Waterfront QLD Gaming Venue Having successfully transacted the business component for the stakeholders, JLL Hotels &amp; 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.

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The Watermark

Sydney

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DisclaimerJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Your access to and use of this Site is subject to the following <a href="https://www.jll.com/en-au/terms-of-use" target="_blank">Terms of Use</a>.We are committed to keeping the personal information entrusted to us, with the appropriate level of security, and as long as we deem it necessary for any professional or legal reason. We will then delete your data securely and securely. For more information on how JLL processes your personal data, please see our <a href="https://www.jll.com/en-au/privacy-policy" target="_blank">Privacy Statement</a>.

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The Watermark

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