Cairns Freedom Hostel sold and rebranded amid a wave of backpacker and hostel deals. CBRE’s Danny Betros and Hayley Manvell brokered the Cairns deal on behalf of the Melbourne based vendors Shield Abbott Pty Ltd.
Quest Woolooware Bay Sutherland Shire for sale - CBRE
Quest Woolooware Bay, part of the $1 billion Woolooware Bay Town Centre mixed use development for sale by Property group Novm through CBRE’s Michael Simpson and Vasso Zographou.
Yasawa Island Resort & Spa, one of Fiji’s leading luxury resorts for sale by Sydney based vendors James and Erin McCann through CBRE Hotel’s Tom Gibson and Michael Simpson.
Grand Hotel Bundaberg for sale via mortgagee in possession by CBRE Hotels
The historic Grand Hotel in the Bundaberg CBD for sale via the mortgagee in possession amid a period of strong population growth. The Grand Hotel for sale by CBRE Hotel’s Paul Fraser and Power Jeffrey & Co’s Andy Nason.
Investors circling Australian hotels after 2022 transactions hit $2.14 billion - CBRE
CBRE’s latest Hotels Overview and Outlook report highlights that recovering occupancies and strong growth in Average Daily Rates (ADR) assisted in insulating the hotels sector from the effects of rising inflation.
Bussleton Beach Resort for sale - CBRE & Stocker Preston
The Bussleton Beach Resort for sale by local vendors exiting a long-term time share arrangement, offering an opportunity for redevelopment of the 1.7ha Marine Terrace site. For sale by CBRE’s Ryan McGinnity and Chloe Mason and Stocker Preston’s Louis and Peter De Chiera.
Blue Mountains Leura Gardens Resort for sale - CBRE Hotels
Leura Gardens Resort Blue Mountains for sale by Private investment company ARFW Pty Ltd. CBRE Hotels’ Wayne Bunz and Raymond Tran have been exclusively appointed to steer the Expressions of Interest campaign for the 4-star resort.
Iconic Brisbane pub The Normanby Hotel sold by CBRE Hotels
Queensland publican Jaz Mooney of Middle Head Ventures Normanby Hotel sold to locally based Ingham-Myers Hotels for $15 million. The iconic Brisbane pub sold by CBRE’s Paul Fraser.
