151 Flinders Street,
Townsville City, QLD 4810
Hotel, Motel & Leisure
Price information
Sale
Asking Price - $4,500,000
Key property information
Land area
Floor area
Property extent
Tenure type
Private inspections
to arrange a private inspection.
Map of 151 Flinders Street
Train stations within 5 km of 151 Flinders Street, Townsville City, QLD 4810 Distance Townsville Railway Station 1.9 km POWERED BY HERE ©Bus stops within 5 km of 151 Flinders Street, Townsville City, QLD 4810 Distance Flinders St at Wickham Street 99 m Flinders St at Denham Street 128 m Flinders St Near Denham Lane 185 m Flinders St at Reef HQ 213 m Palmer Street Near Dibbs St 391 m POWERED BY HERE ©
POWERED BY HERE ©
"Exchange Hotel" - Fully Leased Investment Opportunity - 7.5% Yield
- Fully Leased Investment
- 7.5% Yield
- Long Standing Tenants
- Located in the entertainment precinct of Townsville “Flinders Street East”
- Leased to “Heritage Exchange Bar” on the ground floor, “Showbar” on the top floor
- Long-standing tenants - “Heritage Exchange Bar” has been a tenant for some 7 years, “Showbar” for 11 years approximately
- Net income: $336,654* pa net (GST exclusive)
- Both tenancies feature well-appointed venues
- Major refit and refurbishment undertaken in 2010 at a cost of $3,200,000
- Land area: 1,089m²
- Total floor Area: 1,145m²*
- Property is to be sold on an "as is, where is" basis
For further information or to arrange an inspection, please contact Angelo Castorina or Peter Wheeler at Colliers.
*Approx.
^Outlines / markups indicative only.
- Leased to “Heritage Exchange Bar” on the ground floor, “Showbar” on the top floor
- Long-standing tenants - “Heritage Exchange Bar” has been a tenant for some 7 years, “Showbar” for 11 years approximately
- Net income: $336,654* pa net (GST exclusive)
- Both tenancies feature well-appointed venues
- Major refit and refurbishment undertaken in 2010 at a cost of $3,200,000
- Land area: 1,089m²
- Total floor Area: 1,145m²*
- Property is to be sold on an "as is, where is" basis
For further information or to arrange an inspection, please contact Angelo Castorina or Peter Wheeler at Colliers.
*Approx.
^Outlines / markups indicative only.
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Property ID: 504514680Last Updated: 13 May 2024
151 Flinders Street
Townsville City, QLD 4810
Colliers - TownsvilleLevel 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
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