A long term 27-year lease and showing 36.2% return, this high-end regional hotel is only 5.5 years old. Built with luxury in mind, the Ellen Hotel opened its doors in July 2016. This ultra-modern 19 room accommodation and restaurant has shown strong post covid recovery and is well placed for owner-operators to enjoy the surge in the regional accommodation market.
- Long term 27-year lease
- Showing 36.2% return
- High-end accommodation, nothing like it in the region
- Perfect for owner-operators
- 40 Pax restaurant, however, is licensed for 70
- Solid forward bookings for 2022
- Post-COVID recovery has been strong
- Opened mid-2016, only 5.5 years young
- Turn over in excess of $1m
- Inspections are by appointment only
