New Landmark Coastal CBD Hotel under management by Minor International with Income Underwrite
Savills Hotels are pleased to exclusively present the ‘NH Hotel Wollongong’ by Minor to market for consideration to purchase. The proposed NH Wollongong Hotel comprises of an 241 room luxurious hotel in the heart of Wollongong city centre with income underwrite provided by Minor International, a listed global hotel management group. The asset has DA approval for 13 levels, with additional signature food and beverage, lounge, mezzanine and gym facilities**.
- 241 stylish and contemporary hotel rooms and suites, state of the art conference, event and guest facilities
- Management by leading global hotel operator Minor International with 5 Year Income Underwrite
- Strong operator track record with extensive experience and hotel portfolio in Australia
- Excellent CBD location in expanding coastal city 1.5 hours* south in Australia
- 4-4.5 star Upscale to Upper Upscale hotel development sitting on a significant 2,007sq m* freehold site
- Purpose built commercial mid-scale hotel designed by award winning architects
For sale by Private Treaty by way of Turn-Key or Fund-Through Acquisition with significant cost savings or Joint venture Investment.
For further information or to arrange an inspection, please contact the exclusive agents below.
**DA approval expected in June 2021