ASX-listed Hotel Property Investments has sold its popular Cairns hotel asset, with the Barron River Hotel transacting 4.99% passing yield. Located in at 35-37 Stratford Parade, Stratford, around 6.8km out from the CBD, the hotel sits on a 3,860sqm site and includes a liqour licence and 35 valuable gaming machine authorities, which revert to the […]
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