Hotels For Sale – Ibis Budget Casula Liverpool and Campbelltown
CBRE Hotel’s are managing the sale of The Ibis Budget Casula Liverpool and Ibis Budget Campbelltown located in Sydney, NSW.
The properties are listed for sale by Iris Capital ahead of the Western Sydney International Airport opening.
Located at 437 Hume Highway, the Ibis Budget Casula Liverpool is just over half an hour’s drive from the Sydney CBD and five minutes from Liverpool city centre. The hotel underwent substantial renovations in 2016 and features 74 modern, well-appointed rooms.
Ibis Budget Campbelltown, located at 3 Rennie Road in Sydney’s south-west, is close to the Campbelltown town centre, train station, major road connections and key demand generators, such as Western Sydney University, TAFE NSW, Campbelltown Hospital, and Campbelltown Sports Stadium. The hotel was refurbished in 2011 and offers 72 rooms.
Managed by Accor, Ibis Budget is recognised globally as an economy hotel brand which offers consistent quality and value-for-money accommodation and services.
Together, the hotels offer 146 economy rooms, representing a combination of a well-established, highly profitable, income-generating business with substantial freehold land holdings.
The hotels are being offered for sale as a portfolio or individually and offer the option of vacant possession.