A true Townsville local is on the market and anyone wanting a lifestyle or potential investment opportunity will reap the rewards with this well-regarded hotel.

Savills agents, Tony Bargwanna, Leon Alaban and Taylor Morris are selling the freehold property, Hotel Allen, as a going concern to be offered for sale by Expressions of Interest closing Friday the 24th of June 2022 at 4:00pm (AEST)

Hotel Allen typifies what is known as true North Queensland Hotel, it has welcomed locals and tourists alike since 1946. North Ward is a coastal suburb of Townsville and has undergone significant development over many decades, making it home to some of the city’s top attractions including The Strand, the waterpark, and the rockpool.

National Director Savills Hotels, Mr Leon Alaban, commented, The hotel’s facilities include a sports bar (Keno & TAB), beer garden, bistro and alfresco dining, gaming room (40 EGMs), drive through bottleshop (currently closed), swimming pool, reception area and motel accommodation totalling 53 rooms.

Set on a site of 6,186 square metres, the property is located at 47-63 Eyre Street, North Ward.

North Ward is a coastal suburb of Townsville in the City of Townsville, Queensland, with an approximated population of 5065, according to the 2016 census. The coastal locality is wedged between towering Castle Hill and the deep blue Coral Sea and overlooks the tourist drawcard of Magnetic Island and the Port of Townsville.

National Director Savills Hotels, Mr Tony Bargwanna said North Ward has undergone significant development over many decades and is now home to some of the city’s top attractions including The Strand, the waterpark, and the rockpool. The suburb is one of the oldest in Townsville dating back to the 1800s and contains fine examples of early Queensland architecture, including pre-war hotels and church buildings.

The Strand is a bustling seaside foreshore brimming with chic restaurants and cafes, legendary Queensland watering holes and glorious ocean views. It offers a safe swimming beach, rock pool, palm fringed landscaping, children’s free fun water park, barbecues and picnic areas and a network of bike paths and walkways. The beaches have stinger enclosures (November to April) and there is good fishing to be had from the pier.

Townsville City is located in North Queensland, about 350 kilometres south of the Cairns CBD and about 1,300 kilometres north of the Brisbane CBD. The city is a growing urban area, with significant rural areas and some industrial and commercial land use.

Townsville is served by the Bruce Highway, the Flinders Highway, Townsville Airport, the Port of Townsville, the Spirit of Queensland train and the Magnetic Island Ferry. Major new infrastructure has been built and projects are continuing to progress across Townsville, in a bid to support a prosperous economic future for the coastal city. Queensland Country Bank Stadium is Townsville’s new $293.5 million state of the art stadium, which officially opened in February 2020.

The centrally located, 25,000-capacity, multi-purpose venue is the new home of NRL club, North Queensland Cowboys. With its proximity to the city, the new purpose-built stadium formed part of the Townsville City Deal signed in December 2016 and was considered an important component of a wider urban renewal initiative in the region. The first event held at the venue was the Elton John concert.

Townsville is also a step closer to welcoming ships up to 300 metres long, with the arrival of Australia’s largest backhoe dredge, Woomera, at the Port of Townsville. The $232 million Channel Upgrade is the largest infrastructure project in the Port’s 158-year history and is vital to ensuring trade, defence and cruise opportunities.

The Freehold Going Concern of the Hotel Allen is offered for sale by Expressions of Interest closing Friday the 24th of June 2022 at 4:00pm (AEST)

To request a copy of the Information Memorandum please contact one of the marketing agents Savills agents, Tony Bargwanna, Leon Alaban and Taylor Morris via the contact details below.

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