Tropical Heritage Hotel, Cairns - FOR SALE

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Property Id : 33153
Land Size: 2,053 m2
Rooms: 44

JLL Hotels & Hospitality is delighted to present for sale the Tropical Heritage Hotel via Expressions of Interest. This is an outstanding opportunity for an investor to secure a quality hotel to reposition or rebrand and capitalise on the growth in trade that the Cairns and Far North Queensland region is currently benefiting from.

Investment highlights include:

  • 44-key (+ 2-bedroom Manager’s Residence) freehold going concern hotel in core Cairns tourism hotspot
  • Significant 2,053sqm* site with future development potential (STCA)
  • Offered on an opportunistic per key rate
  • Fantastic location – just short stroll to the Cairns Esplanade
  • Offered with vacant possession allowing the incoming operator to reposition the hotel
  • Positioned to benefit from North Queensland tourism boom with the opening of state and international borders

For Sale by Expressions of Interest closing 10 June 2022

Other Features
Restaurant
Swimming Pool

Gareth Closter

Senior Vice President, Investment Sales - Mid Markets
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Gareth Closter