The Mercure Kawana Waters, situated in the heart of the Sunshine Coast, is being offered for sale by JLL Hotels & Hospitality Group’s Gareth Closter by Expressions of Interest. 

The 81 room & suite hotel offers an incredibly rare opportunity to secure a freehold hotel of scale in the Sunshine Coast market, one of the most consistently performing travel and leisure destinations in the country.

“Opportunities of this nature in South-East Queensland are highly sought after, let alone in a premium location on the Sunshine Coast,” Mr Closter said.

The Mercure Kawana Waters is situated directly opposite the Sunshine Coast University Hospital, which is an excellent source of demand and revenue for the hotel.  Underpinning the performance of the hotel, the hospital generates several thousand room night stays per year.

“The location of the property lends itself to both corporate and leisure guests, providing strong 7 day a week, year-round demand for the operators of the Mercure Kawana Waters,” Mr Closter continued.

The property is also the closest hotel to the Sunshine Coast Stadium, which is soon to be re-developed as the site of a new international indoor sports centre to be utilised for the Brisbane 2032 Olympic Games. The Sunshine Coast Council, in conjunction with Brisbane 2032 Games Delivery Partners, will deliver the new indoor sports centre which will feature 11 courts and the ability to convert to a 6000-seat show court. 

The hotel also enjoys the benefit of a franchise agreement with Accor that is extremely complementary to the hotel and generates strong demand and bookings. “The Mercure Kawana Waters’ occupancy is consistently 80% plus, which shows that this brand and hotel are an outstanding match,” Mr Closter remarked.

The hotel has an exceptional market reputation with strong ratings and guest reviews. 

The Mercure Kawana Waters has a highly professional team of staff, many who have been at the property for several years, and the property is being offered with this infrastructure in place for an incoming purchaser.

The hotel is being offered for sale by Expressions of Interest closing Friday 6th October 2023, if not sold prior. To request more detail on the sale please contact JLL Hotels & Hospitality’s Gareth Closter via the contact details below.