Mercure Cairns
15 Florence Street, Cairns City, QLD, 4870, AU
75 unités
Descriptif
JLL in conjunction with Cropley Commercial are pleased to present for sale the Freehold Interest in Hardimans Hotel, Kensington.
Extensively refurbished in recent years, this revived local landmark presents as a sound investment opportunity, underpinned by long term tenure, transparent income growth and high caliber tenants.
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Attributs
Superficie du terrain brute
576 mètres carrés
Média
Points forts de l'investissement
Investment highlights include:
- Net annual income of $383,650 / fixed 3% annual increases
- Leased until 2036 with additional 4 x 5 year options
- 576sqm* of iconic, corner land-holding in the heart of Kensington’s retail precinct
- Favourable Commercial 1 Zoning (CZ1)
- Significant refurbishments completed, minimal future CAPEX requirements foreseeable
- Local area designated as a residential growth zone, with multiple high-density developments either completed or under construction
- High calibre existing tenants, with significant hospitality experience
- Current business enjoying YOY revenue growth, with dedicated patronage in a ‘one-pub’ inner-city suburb
*Approx.
For further information on this opportunity, please contact the exclusive selling agents.
Contactez les courtiers
Hardimans Hotel, Kensington | FH (0 Propriétés)
