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86 Victoria Parade
Rockhampton City QLD 4700
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86 Victoria Parade Rockhampton City QLD 4700

  • Hotel, Motel, Pub & Leisure
  • 4,657 m²
  • For Sale, Contact Agent

High-Yield Freehold Hotel Investment with Development Upside

  • Well-Established Full-Service Hotel
  • Strong Financial Performance
  • Exclusive Accor Branding

CBRE Hotels is pleased to exclusively present for sale the freehold going concern interest in the Mercure Rockhampton QLD and adjoining development site.

Investment Highlights:
- High-performing 4.0-star hotel comprising 74 guest rooms, six conference and meeting spaces, the 110-seat Riverside Restaurant & Bar, a swimming pool, gym, and a two-bedroom manager's residence.
- The hotel recorded $5.5 million in revenue and approximately $2.1 million in EBITDA in CY2024, reflecting a strong financial performance supported by 84% occupancy and a $181 average room rate.
- The only Accor-branded hotel in the region and the only full-service hotel in Rockhampton offering conferencing and on-site dining, with limited competition and a strong market position.
- Offered with vacant possession, allowing incoming purchasers to retain the Mercure branding under Accor or rebrand to suit their investment strategy.
- Substantial 4,657sqm freehold riverfront landholding in Rockhampton's CBD, with 1,447sqm adjoining parcel offering significant development upside (STCA).
- Recently refurbished with nearly $4 million in capital investment across rooms, façade, F&B, and conference facilities, positioning the hotel for immediate and sustained income growth.
- Positioned in a high-growth regional hub supported by major infrastructure investment, tourism drivers, and the 2032 Olympics, with no new hotel supply forecasted.

For further information or to arrange an inspection, please contact the exclusive agents.

CBRE Hotels
CBRE Hotels
Level 21 363 George Street
Sydney, NSW 2000

Property Highlights

Floor Area4,657 m²
Land Area4,657 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2020022254
Category
Last updated  27 May 2025
Map for 86 Victoria Parade Rockhampton City QLD 4700
nbn® Fibre to the Node (FTTN) is available in this property
Max wholesale speed tier available: nbn® Fibre to the Node
CBRE Hotels
CBRE Hotels
Level 21 363 George Street
Sydney, NSW 2000

Property Highlights

Floor Area4,657 m²
Land Area4,657 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2020022254
Category
Last updated  27 May 2025

More about 86 Victoria Parade Rockhampton City QLD 4700

86 Victoria Parade Rockhampton City QLD 4700 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 4,657 m² and a land area of 4,657 m². The listing ID for this property is 2020022254.

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