The Osbourne Hotel for sale via an Expression of Interest campaign by JLL Hotels & Hospitality Group's Tom Gleeson, Scott Parker and John Musca.
JLL Hotels & Hospitality are delighted to be offering for sale the freehold going concern of The Osbourne Hotel, Fortitude Valley via an Expression of Interest campaign closing the 29 April 2021. The campaign is being handled by Tom Gleeson, Scott Parker in the Queensland office and interstate support from John Musca.
The large format Hotel is positioned on a prominent 1,180 sqm site on the corner of Ann and Constance Street within the famous Fortitude Valley, Brisbane.
The ‘Valley’, as its affectionately known, is continuing to be transformed via significant private and public investment including Valley Metro, Fortitude Music Hall, recent revitalisation of the Brunswick Street Mall and the ever-thriving neighbouring James Street Precinct.
The two-storey hotel was thoughtfully and extensively renovated in 2017. It boasts a multi- faceted beer garden and separate indoor bar and lounge on the ground floor with additional function rooms and administrative amenities on the upper level.
“The stakeholders have delivered a beautiful, flexible and functional hotel that importantly provides immediate revenue scale in an incredibly enviable and high-profile location.” said Vice President Tom Gleeson.
In a market that is devoid of quality on market opportunities the Fitzgibbons Family believe now was the right time to put the Osbourne to market “It has been a joy breathing new life into the Osbourne and we genuinely believe it is primed for the next custodian to take it into the future.” said John Fitzgibbons.
For more information contact agents Tom Gleeson, Scott Parker and John Musca via the contact form below.
To view the listing click here.
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