Long-term leasehold with huge 30%+ ROI
JLL Hotels & Hospitality Group is delighted to present for sale the leasehold interest in The Robert Towns, Townsville.
Investment highlights include:
- Well established motel with 47 keys
- Central Townsville city location with the ease of parking
- Refurbished and rebranded 6 months ago and trading up
- Currently operated under management and an incoming purchaser could retain the staff
- Strong corporate demand with consistent repeat business
- Would suit an array of buyers from private operators to a small accommodation fund
- Extremely high yielding opportunity ideal for bolstering the return of a portfolio
- Net Operating Profit: $420,000 p.a.*
*Approx.
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