Grain growing co-operative CBH Group has purchased the Geraldton Motor Inn, part for employees and contractors who would otherwise find it difficult sourcing accommodation in the high demand, short supply area, 420 kilometres north of Perth.
At 113 Brand Highway, Mount Tarcoola, the property includes 60 rooms, half which the buyer will control.
The balance, along with a bar, restaurant and drive-thru bottle shop, will continue to trade publicly.
“The purchase would support the co-operative’s Path to 2033 strategy, within the Geraldton Port zone in line for network investment designed to help lift CBH’s Western Australian export capacity to a maximum of three million tonnes per month [over the next 10 years],” a CBH spokeswoman said (story continues below).
“There is currently a highly competitive market for accommodation in Geraldton and surrounding areas as companies undertake significant infrastructure and resource projects that require a large workforce from outside the region,” she added.
JLL Hotels & Hospitality’s Andrew Langsford and Nick Roche were the agents.
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