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The former Townsville Central Hotel sold to Steven Shoobridge Star Group for $9.5m by CBRE
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CBRE Hotels announced the sale and settlement of the Townsville Central hotel on behalf of their vendor to the Star Group. The transaction was negotiated by CBRE Hotels Wayne Bunz, Hayley Manvell and Paul Fraser. Wayne Bunz National Director CBRE Hotels told WILLIAMS MEDIA,” This sale continues the trend of strong demand for Queensland hotels and tourism assets. Our sales this year include the Fantuazzo (now the Vincent), Reef hotel cairns, ibis Cairns and Long Island.”
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