CBRE Hotels is pleased to offer the going concern interest in the Canberra City YHA, located in the heart of Canberra, in a prime city position off the main city centre of London Circuit and City Hill.
Key Investment Highlights:
- Located on a large site in the heart of Canberra, comprising 65 accommodation rooms and 264 beds.
- Mix of private rooms, family rooms and co-living accommodation, including indoor swimming pool, spa and sauna, café, full commercial kitchen, dining and lounge rooms, reception area, games area and rooftop BBQ terrace.
- Prominent branding and business opportunity with flexibility for vacant possession or retain the YHA branding under an affiliate franchise agreement.
- Surrounding economic hub of Canberra with a plethora of Government and corporate towers, with accompanying hospitality and entertainment venues.
- Redevelopment potential, allowing for a variety of alternate uses (STCA).
For sale via Expression of Interest closing Thursday, 28 October 4:00pm (AEDT) - unless sold prior.