Skip Ribbon Commands
Skip to main content

Topics of interest

Seaview Hotel Townsville, Queensland

Seaview Hotel Townsville, QLD
​February 2014 - ​JLL were appointed to sell one of Townsville’s largest freehold hotels and adjoining vacant land. The landmark hotel, with its ocean front positioning, large bar, beer garden, gaming room and onsite bottle shop, presented to market as an asset with strong underlying value. Moreover, it exhibited opportunities to further increase revenue potential.

Initially offered for sale in one line, the marketing approach was revised separating the hotel and land to better interest various buyer groups. A keenly contested bidding process ensued with over 100 enquiries received, 30 parties running due diligence and multiple offers submitted at close of campaign, producing an extremely strong result for our client.

Related Topics of interest

 

 

Thinking about buying in to commercial property?/australia/en-au/case-studies/74/thinking-about-jumping-into-the-commercial-property-worldThinking about buying in to commercial property?A growing number of everyday Australians are recognising the potential of investing in the commercial property sector and in particular we are witnessing a flood of mum and dad investors utilising self-managed superannuation funds to invest in small commercial properties.
Client happiness - the heart of our business/australia/en-au/case-studies/73/at-the-heart-of-the-ba-business-is-our-clients-happinessClient happiness - the heart of our businessMatthew’s recent purchase went smoothly and exceeded his expectations, Matthew is a first time investor but with commercial acumen beyond his years and the ability to distinguish the crucial from the trivial. Matthew describes his Buyers Advocacy experience with JLL below.
Sometimes the best advice is, "no, don't do it!"/australia/en-au/case-studies/72/sometimes-the-best-thing-you-can-hear-is-no-dont-do-itSometimes the best advice is, "no, don't do it!"Our clients felt that we were able to ensure that they didn’t make a mistake; particularly when they sourced their own opportunities and brought them to us for our review. Hear what they say..