The property comprises a 100 room motel; plus an 88 site manufactured home village; along with two longer term self-catering units.
Additional improvements include a reception building with manager’s accommodation, bistro, conference centre, multi-purpose residents and conference building, swimming pool, and tennis court.
The property sits on a 9.29 hectare site located about 11km from the Canberra CBD.
The property has a variety of accommodation types, making it ideal to capture a range of target markets including traditional tourists, the casual workforce population which is strong in this region; as well as school groups and domestic coach tour markets.
The motel has been well maintained and offers enormous potential for further upside. The MHE village component is in excellent condition and may offer the potential for further expansion (subject to govt approvals).
Accommodation assets in Canberra have been tightly held for many years and have enjoyed strong trading performances off the back of a buoyant local economy and calendar of events.
Please note this is part of a select portfolio sale by Hometown Australia Communities. If you would like further information on the other properties, please contact the exclusive agent.