CBRE’s Aaron Desange and Ryan McGinnity have been named to market the 84-bedroom asset, with expressions of interest ending October 4, 2022.
Perth, Australia – CEL Australia listed The Sebel Hotel Mandurah for sale as Western Australia reopens to the world after the pandemic.
The 4.5 star Sebel Mandurah Hotel has become Mandurah’s premier accommodation for business travelers and tourists to Peel Region since opening in 2009.
CBRE Aaron Desange and Ryan McGinnity have been appointed to market the 84-room asset, with expressions of interest closing on October 4, 2022.
Located 50 minutes south of town on the famous peninsula hotel site, the Sebel is part of an exclusive development comprising studios, one- and two-bedroom suites, and two- and three-bedroom apartments, most with east-west view over India. Canals and estuary of the ocean or Mandurah.
The famous Peninsula Bar and Restaurant is located on the ground floor and although it is not part of the hotel, it is part of the freehold offering and is let on a long-term basis to well-known local operators.
Mr Desange said the sale offered investors the opportunity to buy an asset backed by strong and consistent trading, operated by one of the largest hotel groups in the world.
“Having operated this hotel since 2013 and with more than 5,000 hotels worldwide, Accor is in the best position to continue to generate accommodation revenue through local management and international guest loyalty programs,” said M. Desange.
“Coupled with the Peninsula Bar and Restaurant lease, the asset offers the security of a long-term lease as well as upside gains as accommodation markets continue to improve as people start to travel again. travel for business and pleasure.
Mr. McGinnity added, “Substantial government and local council funds have recently been invested in the revitalization of Mandurah’s waterways and the town continues to focus on creating new businesses, creating greater job opportunities and developing new educational facilities in the area.
“Already deriving substantial hotel revenue from employment centers in Henderson, Rockingham and Kwinana, any additional drivers that may be added to Peel Region only benefit local businesses including Sebel Mandurah and the Peninsula Bar and Restaurant.”