CBRE Hotels Director Paul Fraser, in conjunction with Ward Commercial Hotels Director Peter Ward, are offering the 4.5-star Best Western Plus Lake Kawana Hotel for sale by Expressions of Interest. It is located within the major Sunshine Coast University Public and Private Hospitals precinct and arguably offers the best motel style accommodation on the Sunshine Coast.

Mr Fraser told The Hotel Conversation, “The Best Western Plus Lake Kawana Hotel is ideally located adjacent to both hospitals which, in total, currently offer 621 beds with plans to increase to 909 beds by 2021. The 4.5-star motel opened in November 2015 and offers 81 spacious suites, popular licensed restaurant and bar, Wildfire, plus two separate yet adjoining function rooms that can be combined.”

“The hotel can be sold as vacant possession or be retained under the Best Western banner,” he added.

“The hotel is already a well-established and successful business, however, offers potential for further growth as the hospital precinct continues to expand its range of services and number of beds,” Mr Ward said.

Click here to view this listing on The Hotel Page.

The hotel is located one hour from Brisbane and 20 minutes from the Sunshine Coast International Airport, that is currently undergoing a significant upgrade with the construction of a new east/west runway to accommodate much larger aircraft capable of servicing both national and international services.

“The Best Western Plus Lake Kawana Hotel is one of the Sunshine Coast's premier corporate hotels with limited direct competitors,” Mr Fraser added.

This central Sunshine Coast location provides fast and convenient access a range of major demand drivers and attractions on the Sunshine Coast. The region’s 396,000 residents welcomed 3.7 million overnight visitors in the year ending June 2017, with tourism contributing 15 per cent of the region’s gross regional product.

The Expressions of Interest campaign closes on Wednesday 5 September 2018 at 2:00pm (AEST).

Click here to view this listing on The Hotel Page.

To discuss the sale in further detail phone or email Paul Fraser via the below contact details.

See also:

Get to know Paul Fraser, Queensland Director of CBRE Hotels

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