JLL Hotels & Hospitality Group is pleased to announce the sale of the Downs Hotel in Drayton, Toowoomba. The hotel was sold via a private treaty process after a thorough and targeted campaign.

A local favourite for many years, the Downs Hotel has enjoyed ongoing growth in recent times as the ever-expanding city of Toowoomba has grown to meet the surrounding suburb of Drayton.

The Downs features a strong food & beverage operation, alongside a stylish gaming room featuring 30 modern and high demand EGMs. Situated on a prime 3,804sqm corner site adjacent to a proposed supermarket development, the future looks extremely bright for this well-regarded local watering hole.

“The Sale of the Downs continues the recent demand for hotels within Toowoomba, especially those in suburban scenarios where favourable demographic trends, venue expansion potential and in turn revenue growth opportunities are evident.” Commented JLL Senior Vice President Tom Gleeson.

JLL Hotels & Hospitality Group thank the vendor for entrusting the firm with this important mandate and congratulates the purchaser on their successful acquisition.

For further information, or to discreetly discuss your divestment needs, please contact one of our national team.

Related reading

Former Kirribilli Club premises for sale - JLL

The Mill Bondi Junction sold by JLL