47 Victoria Highway, Kununurra WA

For Sale

Leisure

Expressions of Interest

2440m2

Ray White Commercial (WA) (Hotel, Tourism & Leisure) are proud to exclusively present for sale a much anticipated hotel offering in Kununurra, the gateway town to the East Kimberley and the main travel entry point to WA for visitors from other states which accounts for nearly 50% of all vehicular entries into WA.

Ideally located within the Kununurra town site and situated with a corner road frontage to Messmate Drive and Victoria Highway, overlooking Lake Kununurra.

Hotel Features:
• 60 ensuite guest rooms
• 68 seat restaurant
• Bar with outdoor terrace area overlooking pool
• Conference room accommodating a maximum of 140 or a maximum banquet capacity of 70 Front reception / entrance foyer
• Managers / Owners Apartment featuring 2 bedrooms, 1 bathroom, kitchen and lounge/dining area
• Guest laundry facilities - washing & drying equipment
• Hotel laundry facilities - Industrial washing & drying equipment plus linen storage
• Centrally located guest pool area, with surrounding guest seating and shade sails

This is a rare opportunity to acquire a substantial hotel/leisure asset and embark on an epic journey in Kununurra, the gateway town to the east Kimberley. With some of Western Australia's most remarkable natural attractions including world heritage listed Purnululu National Park and The Bungle Bungle Range.

The Ibis Styles is strategically positioned to take advantage of the rise in demand from the increased tourism and leisure market which can only enhance the positive medium-to-long term outlook for the hotel especially under owner/operator management.

The Ibis Styles hotel represents a rare opportunity, delivering increased potential for the incoming purchaser offering a quality accommodation asset with substantial cash flow centrally located and only approximately 500 metres from the town centre.

Expressions of Interest Closing Wednesday, 11 December 2019 at 5pm (AWST)

For further information or to arrange an inspection please contact:

Phil Zoiti
Ray White Commercial (WA)
M: 0419 993 656
E: phil.zoiti@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

*approximate