OFF MARKET

1-4 Marine Parade
Arcadia QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10770m2
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Property Details for 1-4 Marine Pde, Arcadia

Building Type
Commercial
Land Size
10770m2
Local Government
Townsville City
Lot/Plan
2/SP172355

Last Listing description (November 2019)

Freehold going concern of Arcadia Village Hotel, located on Magnetic Island with spectacular views of the Coral Sea.

Key investment considerations include:


- Large 1.07 hectare site, with obvious development upside
- Hotel showing 17% return of investment
- Retail precinct generating rent of $150,000+p.a
- Located on Magnetic Island, an Island 8km off Townsville
- Two beach front bays on either side of the Hotel
- 13 EGMs on side, and approval for 9 more
- Opportunity for a leasehold negotiation
- Further space to incorporate larger function/ events
- Major infrastructure and projects planned for the Townsville Region, that will provide growth and further investor confidence

For further information or to arrange an inspection, please contact Mark Fitzgerald at Knight Frank Townsville.

*Approximately

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Property History for 1-4 Marine Pde, Arcadia, QLD 4819

A timeline of how this property has performed in the market
  • 22 Aug 2019
    Listed for Sale Please contact agent for more information
  • 11 Jun 2018
    Listed for Sale FOR SALE VIA PRIVATE TREATY

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