Offered for sale for the first time in more than 30 years, the landmark property – Australia’s highest hotel – is being marketed by MQ & Associates in conjunction with Forbes Stynes Prestige Property Sales.
The Sundeck Hotel offers a genuine ski in-ski out experience within Perisher Snow Resort, the largest ski resort in the southern hemisphere. Perisher’s first hotel and the only commercial lodge above the base of the lifts, the Sundeck boasts a superb position in the centre of the village with panoramic views across the Front Valley ski run.
Leonard Bongiovanni at MQ & Associates describes the sale as a once-in-a-lifetime opportunity in an incredibly tightly held market:
“Perisher properties of this quality very rarely come onto the market; to be able to secure a 35-year lease is almost unheard of.”
The Sundeck Hotel’s 41 rooms have ensuite bathrooms, tea and coffee-making facilities and versatile configurations from twin to quad share. Accommodation tariffs include a buffet breakfast, lunch and three-course dinner, served in a traditional alpine-style dining room seating 72 guests.
A much-loved public bar has seating for up to 90 people and offers live music in the afternoons; an outdoor courtyard provides space for an additional 60 diners on good weather days. Community events also generate significant trade – the Peak Music festival is held at the hotel on opening weekend, and the Sundeck Cup cross-country ski race happens every August.
“The Sundeck Hotel is a much-loved venue in the heart of Australia’s premier snow resort. The high number of return guests is testament to its appeal; it’s also a popular lunch and apres-ski destination for those staying elsewhere at Perisher,” said Manenti Quinlan’s Ray Larkin.
Perisher is Australia’s most popular snow holiday destination. Acquired by Vail Resorts in 2015, it has 47 lifts servicing 245 hectares of terrain catering to skiers and snowboarders from beginner to advanced. Recent years have seen significant investment in resort improvements, including new chairlifts and expanded snowmaking capability.
“This is a particularly attractive opportunity for investors or owner-operators seeking the lifestyle and flexibility that an alpine property offers,” said Michelle Stynes from Forbes Stynes Prestige Property Sales.
“The Sundeck Hotel operates from the June long weekend to the October long weekend – a 17-week season – so it’s not a year-round commitment. The office generally opens in February each year with most bookings made well in advance – around 65% of bookings are made (with deposits captured) before opening weekend each year,” said Ms Stynes.
Expressions of interest close 4:00pm, Thursday the 20th of October 2022.
For more information contact the agents via the contact form below.