Regional Queensland accommodation asset changes hands as investor demand remains strong

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Regional Queensland accommodation asset changes hands as investor demand remains strong
Image Supplied - Savills

Savills Hotels & Hospitality is delighted to announce the successful sale of Drovers Motor Inn, a prominent freehold going concern accommodation asset located in the heart of Dalby, Queensland. The transaction was negotiated by Leon Alaban, Managing Director, Pubs & Accommodation and Co-Head, Hotels & Hospitality, Australia & New Zealand, and Kath Brassington, Associate Director, Hotels & Hospitality, on behalf of the vendor.

Located at 87-91 Drayton Street, Dalby QLD 4405, Drovers Motor Inn occupies a substantial 3,358sq m* landholding and is strategically positioned just minutes from Dalby's central business district, providing convenient access to major commercial, agricultural and energy-related industries that underpin the region's economy.

The property was acquired by Deltine High Yield Motel Fund and joins the group's growing portfolio of regional accommodation assets, which includes New Crossing Place Motel & Apartments in Seymour, Victoria, Roseville Apartments in Tamworth, New South Wales, and the Platinum International Motel in Toowoomba, Queensland. The acquisition of Drovers Motor Inn marks the fund's 9th acquisition, well on the way to its '50 motels in 5 years' target.

"Drovers Motor Inn is exactly the type of four-star quality regional asset that underpins the returns we're targeting for our wholesale investors. Its established trading profile and diverse accommodation offering reflect the disciplined, active management approach we bring to every acquisition, and mark continued progress toward building Australia's largest owned and operated motel portfolio." — David Toomey, CEO, Deltine Capital

Image Supplied - Savills

The motel comprises 34 well-appointed guest rooms across a range of accommodation configurations, including Deluxe Queen Rooms, Executive King Suites, a Two-Bedroom Family Apartment, Executive Spa Rooms and Two Accessible Rooms catering to a diverse mix of corporate, contractor and leisure travellers. Additional guest amenities include conference facilities for up to 50 guests, BBQ facilities, complimentary parking and free unlimited Wi-Fi.

Situated within Queensland's thriving Western Downs Region, Dalby continues to benefit from a diverse economic base supported by agriculture, mining, energy and transport infrastructure. As one of the state's key regional service centres, the town attracts consistent accommodation demand from both business and leisure markets.

Leon Alaban, Managing Director, Pubs & Accommodation and Co-Head, Hotels & Hospitality, Australia & New Zealand, said:

"Drovers Motor Inn represents the type of high-quality regional accommodation asset that continues to attract strong investor interest across Queensland. The property's strategic location within a major agricultural and energy-producing region, combined with its diverse accommodation offering and established trading profile, generated significant buyer engagement throughout the campaign."

He added:

"Regional accommodation assets remain highly sought after as buyers continue to identify opportunities in markets supported by diverse economic drivers and long-term infrastructure investment. Dalby is one of Queensland's most important regional centres and continues to demonstrate strong underlying fundamentals."

Kath Brassington, Associate Director, Pubs & Accommodation said:

"The successful sale of Drovers Motor Inn highlights the continued depth of capital seeking quality regional accommodation investments. Buyers are increasingly attracted to opportunities located in established regional markets where accommodation demand is supported by multiple industry sectors and essential regional services."

The sale further demonstrates ongoing confidence in the Queensland regional accommodation sector, with buyers continuing to seek assets that benefit from strong local economies, diverse demand generators and opportunities for future growth.

Savills Hotels congratulates both the vendor and purchaser on the successful transaction and wishes them every success in the next chapter of Drovers Motor Inn.

*Approx.

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