FOR SALE
Leasehold $1,975,000

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Townsville City QLD 4810

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Waterfront CBD Location in Townsville - 30 Years on Lease - 1P6237M

CRE Brokers are pleased to be appointed as Exclusive Agency for the Leasehold sale of the Beach House Motel, widely recognised as having the best location in Townsville. With absolute water frontage, the Motel is nestled in the heart of the world-class Strand.
Positioned in the heart of Townsville with guests enjoying a relaxing walk to the restaurant and cafe precinct as well as a wide variety of attractions, activities, events and local amenities. The Motel offers relaxing accommodation with views over Magnetic Island and Cleveland Bay, perfect for family, business and group travelers.
Business Highlights:
. Over 30 Years remaining on lease
. 26 rooms well presented rooms
. Demonstrated history of consistent revenue and profit
. Waterfront location with ocean and island views
. Presently run under management
. Net profit approaching $500,000
Act quick to secure this outstanding business opportunity.

Property Details for Contact Agent For Address, Townsville City

Building Type
Commercial

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About Townsville City 4810

The size of Townsville City is approximately 2 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Townsville City in 2011 was 2,500 people. By 2016 the population was 2,874 showing a population growth of 15.0% in the area during that time. The predominant age group in Townsville City is 20-29 years. Households in Townsville City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townsville City work in a professional occupation. In 2011, 40.8% of the homes in Townsville City were owner-occupied compared with 37.1% in 2016.

Townsville City has 2,508 properties. Over the last 5 years, Houses in Townsville City have seen a 20.60% increase in median value, while Units have seen a 39.85% increase. As at 30 November 2024:

  • The median value for Houses in Townsville City is $704,352 while the median value for Units is $504,357.
  • Houses have a median rent of $535 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 70 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Townsville city.

Suburb Insights for Townsville City 4810

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.