YHA Australia Coffs Harbour for sale CBRE
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YHA Australia Coffs Harbour for sale CBRE
The Coffs Harbour YHA for Sale providing an opportunity to secure a well-located accommodation facility in a resilient NSW coastal market. CBRE Hotels Raymond Tran and Hayley Manvell have been exclusively appointed to sell the Coffs Harbour YHA via an Expressions of Interest campaign.
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CBRE HotelsThe Coffs Harbour YHA for Sale providing an opportunity to secure a well-located accommodation facility in a resilient NSW coastal market. CBRE Hotel Raymond Tran and Hayley Manvell have been exclusively appointed to sell the Coffs Harbour YHA via an Expressions of Interest campaign. -
CBRE Hotels
The Coffs Harbour YHA for Sale providing an opportunity to secure a well-located accommodation facility in a resilient NSW coastal market.
CBRE Hotel’s Raymond Tran and Hayley Manvell have been exclusively appointed to sell the Coffs Harbour YHA via an Expressions of Interest campaign.
Situated on a 1,361sqm freehold site, the property benefits from its central location, just 300 metres from Jetty Beach, and close to Coffs Harbour Marina, the main retail shopping precinct, railway station and coach bus terminal.
The asset features 25 accommodation rooms, with 92 beds, a mix of shared dormitory style rooms and those offering ensuites, in addition to a two-bedroom manager’s residence, parking and recreational facilities, including a swimming pool.
“Coffs Harbour has weathered the pandemic better than most, with a mix of demand drivers including tourism and agriculture,” Mr Tran said, adding that Coffs Harbour was a popular stopover point and established tourism destination given Sydney and the Gold Coast.
“The YHA dominates its position as the market leader within its competitor set and had a record trading year in 2019.”
The YHA Coffs Harbour is being offered for sale via an Expressions of Interest campaign closing 18 March 2021, unless sold prior.
Ms Manvell noted; “There is the flexibility to either acquire the asset with vacant possession or retain the YHA branding under an affiliate franchise agreement. Alternatively, the site has a favourable zoning, which allows for a variety of alternate uses, including residential, commercial, hotel accommodation, and seniors housing, subject to the relevant planning approvals.”
For more information and to enquire contact Raymond Tran and Hayley Manvell of CBRE Hotels via the contact details below.
To view and download the Information Memorandum with more information click here.
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