320 Flinders Street,
Townsville City, QLD 4810

Colliers International, in conjunction with Dransfield Hotels & Resorts and on behalf of Indigenous Business Australia offer for sale the freehold going concern investment of this iconic international hotel in Townsville, Queensland.

Strategically located in the Central Business District of Townsville, the hotel is being offered for sale with multiple conversion opportunities and Vacant possession available.

The hotel offers 160 spacious guest rooms and 40 one bedroom apartments. With restaurant and bar, a conference centre, health & fitness centre and a roof top swimming pool, this hotel has all the facilities expected of an international standard hotel.

An incoming purchaser has a number of options with this property:

•Convert the building into an alternate use and utilise holding income whilst a conversion strategy is developed and approved
•Owner operate under an independent brand or international franchise
•Retain existing hotel operator
•Seek a tenant
•Appoint new management company

The hotel is offered for sale by way of an Expression of Interest campaign, closing Thursday 7 April 2016.

A full data room has been made available for qualified potential purchasers. To access the information or to arrange an inspection please contact one of the agents listed.