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Mainline
buys Q'ld
motel
Mainline Corporation
Ltd,, through Mainline
Investments Pty Ltd, its
development subsidiary,
has bought a motel in
Brisbane and two hotel
motel properties in Port
Macquarie.
In Brisbane, Mainline
has bought the 84-suite
Tower Mill motel at
Wickham Terrace to be
held as a long-term in
vestment.
The motel will be opera
ted and managed by Noahs
Ltd, giving them a
Queensland link to their
growing motor hotel
ehain.
In Port Macquarie,
Mainline has bought the
Macquarie Hotel and the
Royal Hotel-Motel.
Mainline is presently
preparing redevelopment
plans [or (he Port Mac
quarie properties which
include provision of mod
ern hotel and motel and
retail facilities.
Arrangements have been
made with Noahs Ltd for
the operation and manage
ment of the Port Mac
quarie properties.
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