Large Scale Leasehold with huge 30%+ ROI
JLL Hotels & Hospitality Group is delighted to present for sale the leasehold interest in Hotel Tropiq, Cairns.
Investment highlights include:
- Resort style hotel with 90 keys
- Outstanding location in the tourist zone of Cairns – walk to the Esplanade
- Currently operated under management and an incoming purchaser could retain the staff
- Extremely favourable lease term with a long term and low rent
- 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: $1,200,000 p.a.*
*Approx.
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