A leasehold interest in one of the most iconic hotels in the UNESCO World Heritage listed Kakadu National Park is being offered to market.

Renowned for its eye-catching crocodile shaped design, the Crocodile Hotel offers 110 rooms across two floors and is centred around a large, landscaped swimming pool. Extensive leisure and business facilities including conference space for up to 250 delegates adds to the appeal.

The leasehold interest in the Hotel is being marketed exclusively by Colliers national hotels team, with the sale led by Sam Abel, Jackie Su and Karen Wales.

“Only 2.5 hours’ drive from Darwin, the Crocodile Hotel is situated centrally in the township of Jabiru, with access to Ubirr, East and South Alligator rivers and Mamukala wetlands, all must-sees for visitors to Kakadu National Park,” Mr Abel said.

“An incoming investor has the opportunity to partner with the Mirarr people, the Traditional Owners of the lands where the hotel is located in Jabiru and to realise their vision for the town, to embrace the hotel’s rich history and elevate it in alignment with respect to their culture.”

This provides the incoming investor with a unique opportunity to enhance this iconic Hotel to establish it as the premier choice for hotel accommodation in Kakadu National Park. The property is being offered with near-term vacant possession of management.

The potential for vendor capital contributions adds to the allure of this offering. 

Jaibru is a popular tourism hub in the Northern Territory, located at the heart of the Kakadu National Park, which is one of only a few dozen sites around the world listed on the UNESCO World Heritage List for both outstanding natural and cultural significance. The Park attracts approximately 200,000 visitors from all over the world each year and has recorded strong growth over the past few years.

“With the support of various Government initiatives aimed at promoting tourism to Kakadu National Park, the Crocodile Hotel is expected to benefit from increased visitation from domestic and international guests as the central lodging option in the area,” Mr Su said.

The listing comes at a time of growing interest within the Australian hotel sector, driven by the expectation of falling debt costs, moderation in accommodation supply and improving tourism demand.

“Consumer travel intentions have held up in spite of softening discretionary expenditure through 2024, demonstrating an enduring and compelling need and desire to travel, connect, explore, unwind and recharge,” Ms Wales said.

“With the growing demand for unique tourism experiences, Australia and Northern Territory in particular boasting some of the world’s most unique landscapes and oldest nation on earth, Kakadu National Park and the Crocodile Hotel stands out as an unrivalled opportunity.”

The property is being exclusively offered for sale by an Expression of Interest campaign closing on Thursday 17th April at 4pm (AEST) unless sold prior.