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Property Id : 31438
Price: Expressions of Interest
Rooms: 63
Year Opened: 2021
Management: Vacant Possession

CBRE hotels is proud to exclusively present for sale Campbell5 hotel (the "Hotel" or "Property") - a brand new serviced apartment hotel located within the new and all-encompassing lifestyle precinct of campbell5 in the heart of Canberra. The 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.

Completed in July 2021, the 63-key serviced apartment hotel is a pure accommodation amenity offering no food and beverage operations given the immense array on offer in the immediate area. The Hotel has been designed specifically to cater for the strong long-stay leisure and corporate demand in the area, derived predominantly from ASIO's headquarters, Canberra's Institute of Technology, Royal Military College Duntroon, Parliament House and Canberra' Central Business District.

Offered with vacant possession, Campbell5 Hotel is an excellent opportunity to acquire a strategic foothold with branding rights in Australia's most resilient accommodation market.

The leasehold interests of Campbell5 Hotel is being offered for sale by Expressions of Interest closing Wednesday, 22 September 4:00pm (AEST).

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Michael Simpson

Managing Director, Capital Markets
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Tom Gibson

Director, Capital Markets
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Michael Simpson