CBRE Capital Markets has been retained exclusively to offer for sale the Quality Hotel Lighthouse (the “Hotel” or “Property” or “Asset”) occupying a prime parcel of land of just over 1 hectare at the heart of Bunbury and just metres from the iconic Bunbury Lighthouse and ocean front.
The Quality Hotel Lighthouse comprises;
• 71 hotel rooms of various configurations;
• Significant freehold landholding of over 1 hectare
• Combined street frontages of 300 metres across 3 streets
• Strong regional performance with WA leading the way
• Operated under a full management
• Franchise agreement in place to Choice Hotels
Developed over an expansive 10,370sqm the Quality Hotel Lighthouse has significant development upside with the current owners preparing a scheme to add an additional 21 guest rooms (STCA).
The size and quality of the meeting and conference facilities
set this hotel apart from its competitors in Bunbury and
surrounding areas and provides further strength to the income earning potential, with the majority of the conferencing guests utilising the hotel accommodation and food and beverage facilities.
The Property is offered For Sale via an Expressions of Interest Campaign.
*approx
Remember to mention you found this property on DevelopmentReady
CBRE Capital Markets has been retained exclusively to offer for sale the Quality Hotel Lighthouse (the “Hotel” or “Property” or “Asset”) occupying a prime parcel of land of just over 1 hectare at the heart of Bunbury and just metres from the iconic Bunbury Lighthouse and ocean front.
The Quality Hotel Lighthouse comprises;
• 71 hotel rooms of various configurations;
• Significant freehold landholding of over 1 hectare
• Combined street frontages of 300 metres across 3 streets
• Strong regional performance with WA leading the way
• Operated under a full management
• Franchise agreement in place to Choice Hotels
Developed over an expansive 10,370sqm the Quality Hotel Lighthouse has significant development upside with the current owners preparing a scheme to add an additional 21 guest rooms (STCA).
The size and quality of the meeting and conference facilities
set this hotel apart from its competitors in Bunbury and
surrounding areas and provides further strength to the income earning potential, with the majority of the conferencing guests utilising the hotel accommodation and food and beverage facilities.
The Property is offered For Sale via an Expressions of Interest Campaign.
*approx
Remember to mention you found this property on DevelopmentReady