HTL Property is pleased to announce the exclusive listing of the Apollo Hotel Newcastle – a premium, 4.5-star 95-key hotel asset located in the thriving commercial hub of Charlestown, within minutes of Newcastle’s CBD and beaches, as well as major commercial, medical, retail and sporting precincts.
Strategically positioned along the A1 Pacific Highway, the hotel is just 8.3 kilometres from the Newcastle CBD. It offers immediate access to Newcastle’s two major shopping centres, Charlestown Square and Kotara, is only a few kilometres from John Hunter Hospital and McDonald Jones Stadium and is within convenient reach of Newcastle Airport.
The hotel features oversized, high-quality guest accommodation, regularly refurbished and maintained to an impeccable standard. With occupancy levels ranging from 91% to 93% over the past four financial years, and a well-established food and beverage operation, the property generated $4.19 million in Gross Profit in the 2026 Financial Year; providing immediate operational strength with scope for future revenue optimisation. Its combination of strong trading performance, premium facilities and expansion upside, positions it as a compelling investment opportunity.
A key value-add opportunity exists – through a planned 24-room expansion. Concept plans and pre-DAs are in place for the proposed addition, comprising one-bedroom suites and dual-key two-bedroom configurations. The proposed expansion, subject to Council approval, would increase total room keys to 119 and is forecast to add approximately $1.4 million in annual accommodation revenue upon completion and a substantial contribution to food and beverage revenue. Further enhancements, including a DA- approved extension of the restaurant and bar, would capitalise on the hotel’s established events business and high guest demand.
With five versatile function spaces, landscaped outdoor areas, and the acclaimed Babbingtons Bar & Grill with a 3am liquor licence, the Apollo Hotel is a leading venue for weddings, corporate events, and private functions across the region. The asset benefits from a strong on-site management team and affiliation with Best Western.
“The Apollo Hotel has established itself as one of Newcastle’s top-performing accommodation businesses, consistently delivering exceptional occupancy and profitability in a rapidly growing regional market” advised Andrew Jackson, Managing Director – Accommodation Hotels at HTL Property.
“With Newcastle undergoing transformational investment in infrastructure and tourism, the Apollo Hotel is ideally positioned to benefit from sustained demand and long-term economic growth. Given its substantial landholding, established income profile, premium guest offering, and progressed expansion scheme; the Apollo Hotel represents a rare opportunity to acquire a high-performing regional hotel asset with meaningful upside in one of Australia’s strongest regional markets” Jackson added.
Newcastle has continued to be one of Australia’s strongest regional cities for tourism, maintaining a 76.7% occupancy rate over the past year and an Average Daily Rate of $204.95 per night. Newcastle Airport showed strong performance in 2026, with passenger demand continuing to exceed expectations and the airport on track to handle a record around 1.34 million* passengers for the financial year; driven by new international routes and expanded facilities. This growth was supported by increased connectivity with South-East Asian, Middle Eastern, and American hubs – and $110 million in terminal upgrades; which are expected to generate an additional $6 billion in visitor income and $6.5 billion in commercial activity for the city.
Mark Durran, Managing Director of Hotel Capital Markets APAC at HTL Property, said given the assets strong returns and expansion potential it was expected to attract strong and diverse interest from both domestic and international investors.
“The Apollo Hotel offers the fundamentals offshore buyers seek in an Australian hotel: proven performance, multiple established revenue streams and near-term development upside. Its position in a major regional city, underpinned by strong corporate and leisure demand, will be further strengthened by long-term infrastructure investment improving connectivity with Sydney” Durran said.
“We expect strong interest from domestic and offshore institutional investors, attracted by the compelling yield, high-quality improvements and proven performance in a globally recognised, rapidly growing, regional city.”
The impressive offering is expected to appeal to private investors, hotel operators and institutional capital seeking a scalable, well located accommodation asset enjoying resilient trading fundamentals.
This outstanding opportunity is being offered via an exclusive Expression of Interest campaign, closing at 4pm on Tuesday 10th November 2026.
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