Bowral Boutique Hotel for sale

​Sydney, 13 October 2014 – The 40 room Berida Manor in Bowral has been listed for sale through CBRE Hotels.

CBRE Hotels’ Paul Kapiris and Andrew Jackson have been appointed to steer the sale of the freehold going concern offering on behalf of the vendors, the Young Family. The hotel is part of a 15,000+ square metre site with sprawling country gardens, and substantial associated hotel facilities including an indoor heated swimming pool and spa, tennis courts, and large underutilised conferencing space.

The well-performing 4-star hotel is expected to generate strong interest from domestic and international hotel investors due to its consistent performance. Mr Kapiris commented; “Berida Manor is a well-known hotel with a solid history of performance dating back to when the new owners took over management.”

“The hotel now runs with minimal input from the owners. An investor would not necessarily need to be based in Bowral to own the property.”

Mr Jackson commented; “The hotel is located in Bowral, which is an easy 1.5 hour drive south west of Sydney. Bowral is known as the escape for some of Sydney’s wealthiest inhabitants, and has been for some time considered a strong motel/hotel town.”

The Berida Manor will be offered by Expressions of Interest closing on 14th of November 2014.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue).  The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com. About CBRE Group, Inc.