2-10 Apex Street, Katoomba, New South Wales
The Alt. Hospitality Group Blue Mountains Portfolio
Expressions of interest closing 4pm, Wed, 26th Aug
Business Description
Hotel Mountain Heritage, Katoomba & The Falls Mountain Retreat, Wentworth Falls
JLL Hotels & Hospitality Group present for sale The Alt. Hospitality Group Blue Mountains Portfolio. The opportunity is underpinned by 76 keys, circa $6m in annual revenue and over 20,000sqm of land.
Key investment highlights include:
- 76 keys on offer between two freehold hotels
- Circa $6m in annual portfolio revenue
- Multiple repositioning and modernisation opportunities throughout both venues
- Approval DA at Hotel Mountain Heritage to increase key count by 21
- Extensive on-site conference facilities on offer
- Additional land-rich residential properties located at 5 & 7 Penault Ave, Katoomba
- Strategic bolt-hole opportunity into the highly coveted Blue Mountains Market
- Prime positioning with direct exposure to 4m annual visitors to the region
OFFERED FOR SALE IN-ONE-LINE OR INDIVIDUALLY VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 26 AUGUST AT 4PM (UNLESS SOLD PRIOR).
Business Summary
Key Investment Insights
1. Portfolio comprises two freehold hotels, Hotel Mountain Heritage Katoomba and The Falls Mountain Retreat Wentworth Falls, totalling 76 keys.
2. Portfolio generates circa $6 million in annual revenue, indicating established trading performance.
3. Over 20,000 sqm of combined land, signalling significant landholding and development upside.
4. Approved DA at Hotel Mountain Heritage to increase key count by 21, providing immediate scalable room-growth potential.
5. Multiple repositioning and modernisation opportunities across both venues, enabling value-add renovation strategies.
6. Extensive on-site conference facilities, supporting corporate and group business revenue streams.
7. Additional land-rich residential properties included at 5 and 7 Penault Ave, Katoomba, enhancing asset and development flexibility.
8. Freehold ownership and land scale support alternative uses or future redevelopment possibilities subject to approvals.
9. Prime Blue Mountains location with direct exposure to approximately 4 million annual visitors, underpinned by strong tourism demand.
10. Sale flexibility offered in-one-line or individually via expressions of interest, allowing tailored acquisition strategies; EOI closing Wednesday 26 August at 4pm unless sold prior.
