Ibis Styles Eaglehawk - SOLD

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Sold for 17,700,000 AUD Date of Sale: May 2014
Rooms: 151
Price Per Room: 117,219 AUD
Property Id : 30621

CBRE Hotels were retained exclusively to sell the Ibis Styles Canberra Eaglehawk, the premier accommodation offering located in Australia’s capital. The Ibis Styles Canberra Eaglehawk is a 4 star AAA rated accommodation hotel asset. The property comprises 151 guest rooms (190 keys), a restaurant & bar, café, six function rooms capable of catering to over 400 people, gymnasium, sauna and spa, outdoor swimming pool, two tennis courts, covered BBQ area and children’s play area; and parking for over 200 vehicles. Set on a huge freehold landholding spanning over 6.5 hectares, the property is unique in that it is the only resort style hotel asset located in the Canberra region. Located on the Federal Highway as Canberra Airport’s closest hotel, the property boasts a solid corporate demand base, while also being uniquely positioned to cater to the education/group/domestic conferencing/leisure markets to realise further revenue growth from this established business.

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