Pacific Suites Canberra a constant performer
Purchased in 2016 this 153 room apartment style hotel has been a solid performer, returning circa 8% p.a. even with serval headwinds due to construction next door and the building of a light rail system on our front door. With the train line now complete we are seeing an uplift in revenue and the added bonus of the convenience of the light rail stop 100 metres from our front door for our guests. We expect this hotel to continue to improve returns in the years ahead.
Braddon is an enviable location as it has a high number of restaurants and bars close by and easy access and proximity to the CBD.
Pacific Hotel Brisbane has a complete transformation and nominated for upscale hotel of the year in the industry Hotel Management awards.
ACF Regional Hospitality Fund to target over 10% ROE from inception.
Facilimate Hotels delivering strong management experience to improve Asset growth.
Pacific Hotel Cairns is riding the Australian Tourism Boom and our investors are seeing an annual ROE above 17%.
