The Gateway has been recently renovated to include a 33-room motel with guest shared kitchen and laundry facilities, plus a one-bedroom apartment and three-bedroom manager’s apartment. The new four-star motel with all the first-class facilities and amenities you would expect will be opening in August 2024 for guests to enjoy. The motel is conveniently located within 5 minutes’ drive to Lismore CBD, Lismore Regional Airport and only 20 minutes’ drive from Ballina. The combination of land is in excess of 7,731 sqm which has total street frontage to Ballina Road, where guest can enter the property for their stay.

The Fund settled on the lease acquisition of Ballina Beach Resort in November 2021. Ballina Beach Resort is located adjacent to Lighthouse Beach in East Ballina. It is 46 rooms 3.5* motel situated on 3 acres of lush tropical gardens. The Fund’s strategy is to improve motel’s rating to 4* and to reposition it on the market to make it more attractive for a wider range of customers. Ballina Beach Resort is the only beachside resort accommodation in Ballina with amazing facilities including four function rooms ideal for weddings and corporate gatherings. The grounds are spectacular and caters to a wide range of clientele including families and couples. The resort is walking distance to Ballina Beach and has an instant relaxing feel upon arrival.

The Yamba Motor Inn is a modern brick and tile motel, on one level, that is ideally suited to the tourist and coach trade and poised to capitalise on the huge potential in this rapidly growing area. Yamba is a pristine holiday destination located in northern New South Wales, at the mouth of the Clarence River. Offering world-class surfing, excellent fishing and beautiful national parks, the area is a popular tourist destination. The Motel is well located, being the first motel upon entering Yamba. Situated on the main arterial road, the motel is close to the main shopping centre and the recently upgraded, award-winning Yamba Shores Tavern.

The Stewarts Bay Lodge was purchased in June 2018 and is situated on 22 acres of waterfront in Stewarts Bay Port Arthur Tasmania. The neighbouring property is the Port Arthur Historic site which is the leading tourism site for Tasmania. Stewarts Bay consists of 21 chalet style cabins, 19 log cabins, a tennis court, children’s playground, BBQ areas, jetty, beach access and walking path directly to the historic site and a premium restaurant being On the Bay. On the Bay is a first-class restaurant catering in Tasmania’s premium produce.

The Fund acquired the Barclay Motor Inn in July 2018 and is a 25-room motel conveniently situated within walking distance to the main shopping district of Devonport Tasmania, Devonport’s business district, sporting facilities and the departure/ arrival terminal of the Spirt of Tasmania. The Barclay occupies 5,500 sqm of land on its primary site. In addition to its accommodation facilities the motel boasts a half size tennis court and Devonport’s only indoor heated pool which is a guest favourite.

The Fund acquired the Central Court Motel in September 2020. The Central Court Motel is a 40-room motel with good size rooms positioned in downtown area and near to beaches in Warrnambool, Victoria. It is the largest city in the Great Ocean Road region and Victoria’s largest city outside of Phillip Bay located 263 km drive to South-East of Melbourne. Warrnambool is a highly liveable and vibrant coastal regional city with a strong track record of steady and sustained population and economic growth. The Fund’s future plans include a renovation to the motel to increase occupancy and guest satisfaction.

Tuross Beach Holiday Park, acquired in 2017, offers diverse accommodations on Tuross Head's scenic coast. Purchased for $3.3 million at a 13% passing yield, it boasts amenities like a pool and BBQ areas, making it a cash-flow positive investment with stability and growth potential.