The Mercure Townsville set on a 4 hectare* lake front site for sale by Gareth Closter and Tom Gleeson JLL Hotels & Hospitality Senior Vice Presidents.
JLL Hotels & Hospitality Group are exclusively offering the Mercure Townsville, a genuine resort of scale in the robust Townsville market, for sale by Expressions of Interest. The resort offers 202 potential rooms set on a 4 hectare* site with sprawling tropical gardens overlooking a stunning lake.
The Mercure Townsville is the only Accor branded hotel in the Townsville market and offers resort style amenities including conference facilities, lagoon pool & spa, gym, tennis & basketball courts in addition to bars & dining areas. Gareth Closter and Tom Gleeson, JLL Senior Vice Presidents’, are responsible for the sale process.
“This is a rare opportunity to secure a resort of this size and scale with multiple value add propositions” Mr Closter said. “There is significant and current capital mandates for this asset class and we are seeing strong interest in regional accommodation assets from a variety of purchaser groups” he continued.
The hotel is currently operated under a hotel management agreement with Accor and is being offered with the potential for vacant possession of brand and management. The hotel enjoys meaningful passing income with upside and huge potential for future development.
Townsville is considered the gateway to key mining and agriculture regions and is the largest city in Northern Queensland. Subsequently the hotel market enjoys extremely consistent trading given the diverse demand driverswith relatively limited branded hotels in the market.
“Townsville is a robust hotel and hospitality market and is extremely consistent given the underlying demand from corporate travellers, defence, government and the growing tourism market. This is further underwritten by the wide spread investment being witnessed currently.” Mr Gleeson said.
Visiting NRL teams stay at the Mercure Townsville for games vs the Cowboys at Queensland Country Bank Stadium, of which there are 12 in 2025.
The Mercure Townsville is being offered for sale by Expressions of Interest closing Thursday 27th March,2025. To request more detail on the sale please contact JLL Hotels & Hospitality’s Gareth Closter or Tom Gleeson via the contact details below.