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Demand for Sunshine Coast accommodation assets on the rise

9 December 2022

A Queensland family has acquired a luxury Maleny lodge as demand for Sunshine Coast accommodation assets continues to increase.

The hotel was sold by owners Pink Developments Pty Ltd.

Located in the growing Sunshine Coast hinterland town of Maleny, the newly opened property is an adults-only retreat which blurs the lines between boutique hotel and holiday home.

The hotel opened in June 2022 after a comprehensive restoration which retained its original 1905 heritage charm, whilst incorporating modern interior designs, full of luxury finishes, modern comforts and a beautifully curated collection of vintage furniture and trinkets.

The heritage-listed building has been restored with high-quality finishes, while maintaining its original heritage charm and features. It offers seven guest rooms in addition to a fire pit and swimming pool, all overlooking the woodland forest below.

CBRE Hotels’ Associate Director Hayley Manvell brokered the deal, which follows a number of other key Sunshine Coast transactions brokered also by CBRE, including Moffat Beach Motel and the record setting sale of Loea Boutique Hotel.

“The sale is further evidence of the incredibly strong buyer interest in Sunshine Coast accommodation assets, with limited freehold investments available, as well as the demand for boutique accommodation offerings” Ms Manvell said.

Ms Manvell noted that the Sunshine Coast had benefited from continued economic and infrastructure growth and was expected to remain an attractive investment destination given the region’s lower acquisition costs relative to the southern states, and capital growth prospects.