Hotel for Sale
HTL Property’s national accommodation division is pleased to present for sale Cairns Southside International Hotel.
HTL Property Directors Paul Nyholt and Nic Simarro have been exclusively appointed to manage the sale via an Expression of Interest campaign.
Cairns Southside International boasts 62 guest suites and serviced apartments, a poolside restaurant/bar, swimming pool with waterslide and much more.
The hotel is positioned upon a significant 3,331 sqm of favourably zoned land. For those looking to expand the footprint, there is also an opportunity to acquire the 3 adjoining properties at the rear of the hotel. Should these be included, the land parcel on offer is 5,374 sqm.
The hotel is strategically located 6 minutes’ drive from the Cairns CBD and moments from Earlville Shopping Town, DFO and Cairns Golf Course. Due to its location, the property offers a sense of tranquillity by comparison to the hustle and bustle of the Cairns CBD; and therefore appeals to corporate and family guests.
Key investment highlights include:
- Full-service hotel offering 62 guest suites including serviced apartments
- Facilities include an open plan spacious restaurant, lounge and bar, pool side dining, swimming pool, waterslide and more
- Positioned upon a significant 4,011sqm* land parcel with development upside (STCA)
- Opportunity to purchase the two adjacent residential lots (1,363 sqm total)
- Boasting a city fringe location, only 6 minutes drive to Cairns CBD
- Strategically located close to shopping centres, medical facilities, hotels/clubs, restaurants/café’s, local sporting facilities and tourist attractions
- Prosperous underlying land value due to favourable zoning
- Opportunity to reposition the asset by way of rebranding and refurbishment
- Cairns is serviced by both Domestic and International Airports
The property is for sale by Expression of Interest closing Thursday 29 June, 2023.
