JLL Hotels & Hospitality Group exclusively present the wonderful Newmarket Hotel in Townsville, a hotel of impressive style and opportunity in the centre of thriving Townsville.

Situated on a prime corner site, the Newmarket Hotel boasts a rich history and a strong reputation with both locals and tourists. Its strategic location offers excellent accessibility, being conveniently located near major transport links, commercial establishments, and popular attractions.

As a city, Townsville is booming on the back of major reinvestment and southern migration. New hospitals, port expansion, massive investment into defence and military, and the huge Magnis Lithium-Ion battery plant estimated at a 3bn investment, are all planned or under development.

This is the perfect time to be part of this thriving city.

Key features of the Newmarket Hotel include:

Unrivalled Location:  The Newmarket Hotel is the closest hotel to the Queensland Country Bank Stadium which is planned to host almost 40 events in 2024, including the Cowboys, NRLW State of Origin, Pink, and many more. The hotel is walking distance to the CBD and late-night precinct and is surrounded by planned residential and commercial developments.

Established Venue:  The Newmarket Hotel has been a centrepiece of Townsville’s hospitality scene for many years. Substantial recent high-quality renovations have reinvigorated the property, with the currently trading accommodation receiving outstanding review on Facebook and Bookings.com

Potential for Growth:  The property presents an exceptional opportunity for reopening Food and Beverage, or expansion of the high demand accommodation offering, catering to the evolving needs of the market.

JLL Hotels & Hospitality Vice President, Mark Walsh, commented, “The Newmarket Hotel is an outstanding investment opportunity. Its prominent location, solid reputation, and potential for growth make it an attractive proposition for investors seeking entry into Townsville’s thriving hospitality market.”

The Freehold Interest in The Newmarket Hotel in Townsville is available via Private Treaty.

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