Sundown Motel and Home Village

Land size: 92,900sqm

Investment Highlights:

– Established mixed-use asset on a substantial 9.29ha landholding
– 100 room motel with adjacent 88 site residential land lease community
– Pool, tennis court, bistro, conference centre, BBQ areas and communal amenities
– Permanent residents pay an average rent of $155 per week
– Value-add opportunities via refurbishment, repositioning and redevelopment (STCA)
– Potential to increase returns through asset upgrades, improved management and reconfiguring/adding the accommodation offering
– 11kms from Canberra CBD with great road connectivity and two street frontages
– Tightly held Canberra accommodation market