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Hotel Accommodation

Peppers Waymouth

55 Waymouth Street, SA

Hotel Accommodation

Peppers Waymouth

55 Waymouth Street, SA

Expression of Interest |
Closing: 19 May 2021, 3PM

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  • 5-Star Hotel located in Adelaide’s Core CBD, surrounded by multiple demand drivers
  • Freehold asset comprising 202 rooms & suites and positioned on 838sqm*of land
  • Operated by AccorHotels under a performance-based lease, however there exists an opportunity to restructure the agreement and discuss alternative branding if desired – further details available upon request
  • Adelaide Hotel market enjoyed record highs in occupancy over the 12 months to March 2020 – these results anticipated to return throughout the recovery phase
  • Adelaide CBD offers strong underlying investment fundamentals including the $400m Central Market Arcade and $40m Rundle Mall Redevelopment
  • Minimal historic sales highlighting the very tightly held Adelaide Hotel market
  • Adelaide attracts historically strong domestic tourism inflows and will benefit from this in the recovery of the Australian Hotel market

*Approx.

Closing

19 May, 2021 at 3PM

Agent Details

Nic Simarro

Accommodation

Nic Simarro

Director

Accommodation

Andrew Jackson

National Director

HTL-Property-Andrew-Jolliffe

HTL

Andrew Jolliffe

Managing Director

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