Global hot list hotel up for sale in Byron Bay
Byron Bay – October 8, 2021 – The Sunseeker, a boutique Byron Bay hotel labelled by Conde Nast Traveller as Australia’s most exciting new arrival in 2021, has been listed for sale.
CBRE Hotels’ Wayne Bunz and Hayley Manvell have been exclusively appointed to sell the asset amid rising interest in boutique, leisure-oriented hotel investment opportunities.
Opened in January 2021 after a multi-million-dollar refurbishment, The Sunseeker was the only Australian hotel to be listed in Condé Nast Traveller’s ‘Hot List 2021 – Best New Hotels’ worldwide.
Located on a 6,337sqm freehold landholding on Bangalow Road, the boutique hotel comprises 21 guest rooms and self-contained bungalows, along with a three-bedroom residence and an onsite caretaker studio apartment. Amenities include a mineral heated pool with a poolside tiki-bar and cabana area, fire pit, children’s playground and a public coffee cart offering.
“Byron Bay is firmly on the world stage as a celebrity hotel hot spot and this will drive interest in The Sunseeker from high-net-worth investors, both from Australia and globally,” Mr Bunz said.
“CBRE Hotels” recent sales of the Bower Byron Bay and Loea Boutique Hotel on the Sunshine Coast have clearly demonstrated the demand for boutique accommodation assets in popular coastal markets. The Sunseeker also offers potential for further development on a 1,250sqm vacant parcel of land, within the existing freehold parcel, including the ability to develop additional rooms or wellness-oriented revenue streams subject to the relevant council planning approvals.”
The Sunseeker is operated by owner managers and is being offered for sale with vacant possession, offering an opportunity for owner operators or brands to enter the hotly contested Byron Bay market.
Sustainability is a key pillar of the property from the eco-friendly design through to the natural surroundings, including a vegetable garden and beehives.
Ms Manvell added, “Byron Bay continues to be the most highly sought-after hotel investment market in Australia and with NSW lockdown restriction set to ease next week, and a potential easing of the international border to follow, this asset is perfectly poised to capitalise on an incredible wave of forthcoming demand”.
Expressions of Interest close November 11, 2021, unless sold prior.
