| Well located on one of the major entry roads into Townsville, Bowen Road. The proerty is currently finalising a major renovation. |
TARHF purchased the property in October 2015 as a freehold passive property.As landlords, TAHRF receive indexed income from the operator of the property.
The lease is 30 years and subject to regular reviews. The landlord’s obligations under this lease are relatively little for a property of this type.
Townsville is Australia’s largest urban centre north of the Sunshine Coast, with a 2015 population estimate of 200,000.
