Tom Gibson and Thomas Gleeson of JLL have listed Limes Hotel, Fortitude Valley For Sale.
Limes Hotel is a 21 room boutique hotel & rooftop bar for sale with the ability to add 18 rooms across 3 levels STCA.
Its superb inner-city location in the Fortitude Valley entertainment district make it nearby to the RNA Showgrounds, corporate demand & 7,000+ units in development process
Strong profit trajectory with a 15% increase for 2015 vs 2016 net income .
The hotel ha a robust historical trading performance with well-established & highly reputed brand equity.
Accessible location 5mins* to CBD & 15mins* to Brisbane Airport
The hotel is for sale via Expressions of Interest closing at 2:00pm (AEST) Thursday 8 December 2016 (if not sold prior).
*Approx.