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Midnight Hotel Canberra

JLL Hotels & Hospitality Group is pleased to offer for sale the 5-star Midnight Hotel in Braddon, Canberra. Opening in 2019, the Midnight Hotel is currently under construction and is set to be one of the best hotels in Canberra. An iconic addition to the city's most fashionable suburb, the site is moments away from key demand generators including the restaurant and entertainment precinct, major office buildings, the Convention Centre, and Australian National University (ANU). The hotel will provide approximately 200 large guest suites featuring modern guest amenities and facilities including an infinity edge lap pool, sauna, business lounge, meeting rooms and F&B facilities including a restaurant, cafe and bar.

Key Investment Highlights

  • Canberra's newest luxury hotel offering in the contemporary suburb of Braddon.

  • Close proximity to the Casino, Convention Centre and ANU - Australia's #1 university.

  • Canberra has one of the strongest economies in Australia with residents enjoying the highest average level of disposable income of any Australian capital city.

  • An expected $2.9 billion will be spent on infrastructure investment throughout the city to 2020, including the new Canberra Light Rail which will stop at Elouera Street station adjacent to the property .

  • The city of Canberra continues to increase its global connectivity with new international flights, registering a 19.3% increase in international visitor arrivals in 2017.

  • Strong Canberra hotel market having experienced 3 years of growth in occupancy and ADR, resulting in per annum average RevPAR increases of 6.0% since 2014.

 

Contact JLL Hotels to receive more info