Loea Boutique Hotel - SOLD


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Sold for 4,000,000 AUD Date of Sale: September 2021
Rooms: 10
Price Per Room: 400,000 AUD
Property Id : 31740

CBRE Hotels are pleased to announce the sale of Loea Boutique Hotel.

Key investment highlights include:

– New 5.0-star luxury boutique hotel featuring 10 stylish rooms, reception and licensed café within a vintage on-site van, magnesium swimming pool, manager’s residence and parking.

– The hotel is essentially a ‘rooms department’ only, and given the limited amenities/facilities and low wage costs, it delivers exceptional profit margins, superior to the more traditional full-service hotel model.

– 1,376sqm freehold coastal boutique retreat is located in Maroochydore, on the Sunshine Coast.

– Currently operated by on-site managers is an attractive sized investment for an incoming owner-operator or an investor, with the flexibility to retain the current management team.

– Only 12 months old, the hotel presents exceptionally well and an incoming purchaser will benefit from a new asset that offers substantial depreciation benefits.

– One of Queensland’s hottest new hotels, featuring in Traveller Magazine, The Courier-Mail and Travel Weekly.

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