CBRE Hotels are proud to announce the successful sale of the Campbell5 Hotel – a brand new serviced-apartment hotel located within the all-encompassing lifestyle precinct.
The Campbell5 Hotel occupies a highly strategic location within the new Campbell5 mixed-use precinct on the corners of Constitution Avenue and Anzac Parade, directly across the road from ASIO’s $680 million headquarters.
Investment Highlights included:
- 63 key serviced apartment hotel- Thoughtfully designed to cater for the strong extended-stay market.
- Highly strategic position in Canberra – Within steps to a range of major demand drivers, including ASIO’s headquarters, Parliament House and Canberra’s Central Business District.
- Offered with vacant possession – An excellent opportunity to acquire a strategic foothold with branding rights in Australia’s most resilient accommodation market.
- Located in the heart of the new Campbell5 – Mixed-use development, surrounded by retail, residential and commercial.