12-18 Palmer Street
Townsville City QLD 4810
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Sold on 7 Jun 2016
12-18 Palmer Street Townsville City QLD 4810
- Hotel, Motel, Pub & Leisure
- 3,127 m²
- Sold
Substantial CBD Hotel with 25 Year Lease. Rare Landlord Friendly Triple Net Lease.
New 25 year lease to 2041 to established operator.
Options to 2051.
Substantial tenant with 9 major east coast hotels.
1 years rent guarantee held by Landlord.
118 rooms plus restaurant and function area.
50 car spaces.
Large 3,127 sqm block with potential to expand.
Four storey 3.5 Star hotel 4,350 sqm.
Modern building costing $24m to construct
AUCTION
| Auction date and time | 28/06/2016 11:00 |
|---|---|
| Auction location | Doltone House Hyde Park |
Property Highlights
| Land Area | 3,127 m² |
|---|---|
| Property ID | 2012833642 |
| Category | |
| Last updated | 7 Jun 2016 |
Map for 12-18 Palmer Street Townsville City QLD 4810
Property Highlights
| Land Area | 3,127 m² |
|---|---|
| Property ID | 2012833642 |
| Category | |
| Last updated | 7 Jun 2016 |
Listed by
Pat Kelly
CBRE NSW
More about 12-18 Palmer Street Townsville City QLD 4810
12-18 Palmer Street Townsville City QLD 4810 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 3,127 m². The listing ID for this property is 2012833642.
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