Pacific Hotel Brisbane/Pacific Hotel Brisba 345 Wickham Terrace Spring Hill QLD 4000

CBRE Hotels is pleased to exclusively present for sale the Pacific Hotel Brisbane.

Investment highlights include:

- The hotel features 179 large refurbished guest rooms and suites, with direct balcony access and the majority boasting stunning CBD or park views.

- The 4.5-star hotel presents exceptionally well having recently completed a comprehensive $7M refurbishment in 2019.

- Currently owner-operated under the Pacific Hotel brand, the asset is being offered for sale with Vacant Possession.

- The hotel provides easy access to two nearby private hospitals, Brisbane CBD, Roma Street Station, Suncorp Stadium and the future Brisbane Live Entertainment Centre. The hotel services Brisbane's premium health precinct which includes the St Andrew's War Memorial Hospital and the Brisbane Private Hospital.

- The asset comprises strong future development potential being under the Spring Hill Neighbourhood Plan allowing a maximum height of 20 storeys for sites above 1,800sqm.

- Brisbane is currently undergoing a period of unprecedented infrastructure investment and development along with record population growth. Brisbane's headline developments include Queens Wharf Casino, Dexus' mixed-use Waterfront Precinct, the Gabba Stadium redevelopment, Cross River Rail and Brisbane Live Entertainment Centre.

For more detailed information regarding the property or to organise an inspection, please contact the exclusive agents.