SEASONS HOTEL NEWMAN, 77 Newman Drive,
Newman, WA 6753
Hotel, Motel & Leisure
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Map of SEASONS HOTEL NEWMAN, 77 Newman Drive
SEASONS HOTEL NEWMAN
- Significant landholding
- Consistently strong performing asset
- Rebounding WA resources market
CBRE Hotels is pleased to present to the market Seasons Hotel Newman – a continually strong performing regional accommodation asset offering a significant footprint, in land and rooms, in the resource-rich, north-west of Western Australia.
Positioned at the entrance of the Newman town centre, this 89 room asset presents an opportunity to purchase a highly profitable long-term accommodation business, with substantial growth and expansion potential, as the WA resources sector goes from strength to strength.
Investment Highlights:
- An established hotel comprising 89 accommodation rooms, a la carte dining, bar, swimming pool and conference facilities
- A 2019 annual occupancy of 51% with an average room rate of $175 per night
- 31% of FY19 annual revenue was achieved in the last quarter – highlighting the impact of the ramping up of resources projects in the area
- Limited competing accommodation assets in Newman
- Significant landholding of 2.90Ha* with potential to add room count if desired
Positioned at the entrance of the Newman town centre, this 89 room asset presents an opportunity to purchase a highly profitable long-term accommodation business, with substantial growth and expansion potential, as the WA resources sector goes from strength to strength.
Investment Highlights:
- An established hotel comprising 89 accommodation rooms, a la carte dining, bar, swimming pool and conference facilities
- A 2019 annual occupancy of 51% with an average room rate of $175 per night
- 31% of FY19 annual revenue was achieved in the last quarter – highlighting the impact of the ramping up of resources projects in the area
- Limited competing accommodation assets in Newman
- Significant landholding of 2.90Ha* with potential to add room count if desired
Property ID: 503279558Last Updated: 27 Apr 2020
04177197...
SEASONS HOTEL NEWMAN, 77 Newman Drive
Newman, WA 6753
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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