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Colliers has been exclusively retained to offer for sale The Sebel Canberra Civic at 197 London Circuit, Canberra.
The Property is strategically located in the heart of the thriving Canberra CBD and represents a rare chance to secure a premium long-term leasehold asset in the nation’s capital.
Providing the perfect blend of prime location, stable income with turnover upside, diversity and repositioning potential, the offering comprises a 10-level medium rise building, with the hotel providing 144 upscale self-contained apartment-style guest rooms on Levels 1 to 9, as well as a gym, business centre and basement parking. A commercial office tenancy occupies the 10th floor, while ground floor facilities include two fully leased food and beverage offerings currently functioning as a restaurant and a café.
The Hotel is being offered for sale with the benefit of a long-term lease and Property Management Agreement to Pro-Invest Group (both of which contain early termination rights), and with a Franchise Agreement between the tenant and Accor Hotels under the Sebel apartment brand.
Prospective purchasers will have the option of making their bid subject to the Vendor exercising the early termination right where the purchaser would prefer to implement an alternative management structure or convert to alternate use (STCA).
The Property is being offered for sale by International Expressions of Interest (EOI) closing Monday 23rd June 2025 at 4pm AEST.
Please contact the exclusive selling agents at Colliers.
Remember to mention you found this property on CommercialReady
Colliers has been exclusively retained to offer for sale The Sebel Canberra Civic at 197 London Circuit, Canberra.
The Property is strategically located in the heart of the thriving Canberra CBD and represents a rare chance to secure a premium long-term leasehold asset in the nation’s capital.
Providing the perfect blend of prime location, stable income with turnover upside, diversity and repositioning potential, the offering comprises a 10-level medium rise building, with the hotel providing 144 upscale self-contained apartment-style guest rooms on Levels 1 to 9, as well as a gym, business centre and basement parking. A commercial office tenancy occupies the 10th floor, while ground floor facilities include two fully leased food and beverage offerings currently functioning as a restaurant and a café.
The Hotel is being offered for sale with the benefit of a long-term lease and Property Management Agreement to Pro-Invest Group (both of which contain early termination rights), and with a Franchise Agreement between the tenant and Accor Hotels under the Sebel apartment brand.
Prospective purchasers will have the option of making their bid subject to the Vendor exercising the early termination right where the purchaser would prefer to implement an alternative management structure or convert to alternate use (STCA).
The Property is being offered for sale by International Expressions of Interest (EOI) closing Monday 23rd June 2025 at 4pm AEST.
Please contact the exclusive selling agents at Colliers.
Remember to mention you found this property on CommercialReady
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