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Mantra Albury 524 Smollett Street, Albury, NSW 2640

Mantra Albury 524 Smollett Street, Albury, NSW 2640

Hotel/Leisure

  • For Sale
  • Please contact agent

Albury’s newest hotel with secure income

  • Newest Hotel in Albury
  • Prime location in the heart of Albury’s
  • Strong Depreciation Benefits

  • Land Area
  • 930.00 m² (approx)
  • Floor Area
  • 0 m²
  • Last Updated
  • Aug 12, 2020

Interested in this property? Contact an Agent today

Colliers International - Sydney

Level 30, Grosvenor Place, 225 George Street

Sydney NSW 2000

Albury’s newest hotel with secure income

Colliers International is pleased to present to market the recently completed Mantra Albury Hotel, located at 524 Smollett Street, Albury.

This 146 room property is unquestionably the best hotel in the region, with the added bonus of being operated by Accor, Australia’s largest hotel operator. The vendor is offering the property for sale with the benefit of a leaseback if required, providing certainty of income.

Located in the regional hub of Albury, the property is ideally located in the heart of the CBD.

Investment highlights of the hotel:
• Newest Hotel in Albury
• CBD location
• Strong Depreciation Benefits
• Leaseback providing medium term income certainty
• Management Agreement to Australia’s largest accommodation provider
• Regional Tourism location expected to benefit from ongoing international border closures.

As a recently built property, significant depreciation allowances exist, that will further enhance the financial returns in the early trading years.

The Hotel is for sale via Expressions of Interest closing Wednesday 12th August at 3pm.

For further information please contact the

Mantra Albury 524 Smollett Street, Albury, NSW 2640

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