Best Western Sanctuary Inn, Tamworth - SOLD

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In excess of AUD18,000,000 Date of Sale: June 2022
Rooms: 60
Property Id : 33704

Best Western Sanctuary Inn, Tamworth, has been sold by specialist national firm HTL Property.

HTL Property Directors Nic Simarro and Andrew Jackson managed the off-market sale to a Sydney based hotel fund for in excess of $18,000,000.

Located within the CBD of Tamworth, and boasting a 10,000 square metre land parcel with favourable zoning, the acquisition reflected an 8.5% initial yield.

Best Western Sanctuary Inn comprises 60 well-appointed rooms, conferencing and event space and a tasteful restaurant that has been a favourite to locals for the past 16 years.

Nic Simarro

Director - Accommodation

Andrew Jackson

National Director for Accomodation
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