Savills Australia has been hired to act as agent for the sale of the first hotel to be designated by Wollongong as a “Company-run CBD Hotel”.
Designed by Andrew Burnes Architecture, the 241 room lifestyle hotel is spread over 13 levels and offers guest facilities including a range of dining options, lounge options, a fitness center and a mezzanine.
Tony Bargwanna, Leon Alaban, Nick Lower, Max Cooper and Selin Ince have been hired to carry out the sale at 37-39 Burelli Street. The site is close to local amenities and attractions such as WIN Stadium, Illawarra Art Gallery, beaches and numerous restaurants.
“The developer spent more than six months in consultation with the council and finalized the proposed scheme, including several meetings with the general manager, planners and the council’s design review panel to ensure that the required design excellence criteria were met . Prosecution with advice is a compliant system and is subject to all planning controls, ”said Tony Bargwanna, National Director of Savills Australia – Hotels.
The development of a new lifestyle hotel in Wollongong was announced exclusively by HM at the end of 2020. Cre8tive Property Managing Director Andrew Taylor said the project developed by Held Property would have a “lifestyle positioning with strong corporate appeal.”
He said final negotiations to sign a management contract “with a new overseas lifestyle brand” were underway and the project would give the region a huge boost.
“This is the first corporate-run CBD hotel for Wollongong. Coupled with the numerous Class A office buildings under construction, this will be a sign that the city is becoming a serious rival on the coast of other corporate centers in Sydney such as Parramatta.” “said Taylor.
“Wollongong also has numerous non-inventory venues that are currently required to work with hotels that have competing event spaces.
“This hotel will provide room inventory to these venues and grow the event business in the area,” he told HM.