Veriu opens its first office conversion in the ACT

Punthill Apartment Hotels | Tuggeranong — Photo by Veriu Group

Australia's fastest growing apartment hotel operator, Veriu Group is delighted to announce the opening of Punthill Tuggeranong - its first ACT property, and the third to open under the Group's successful Punthill brand in the past 3 months.

Located in Greenway, one of Canberra's major commercial and government hubs, the former Tuggeranong Innovation Centre Office Precinct has been converted into a stylish state-of-the-art 76-apartment hotel, offering a mix of modern studio, one-bedroom, two-bedroom and three-bedroom apartments, designed to accommodate solo and group travel, for business or leisure. Each apartment comes with a fully equipped kitchen, smart TV, desk and fast, high-quality internet, in-room laundry facilities and secure on-site parking, making the hotel the perfect option for both business and leisure travellers seeking the comforts of home.

Punthill Tuggeranong comes as a welcome addition to existing premium accommodation offerings for business travellers visiting Canberra for government work, conferences, and corporate events. The new hotel's convenient location close to key Government offices including Services Australia, the Australian National University, the Canberra Hospital, Questacon and the Caroline Chisholm Centre, as well as several of Canberra's major transportation hubs and other amenities, are all expected to enhance its appeal to both short-term and long-term corporate guests. Likewise the new hotel is expected to provide an attractive proposition for the growing influx of leisure travellers visiting the Capital's popular landmarks and tourist attractions, attending its many festivals and events, or on route to and from the snowfields.

Punthill Tuggeranong also marks the debut of the Group's first office conversion, with its second - Veriu Adelaide on King William Street, slated to open in 2025, and a further 4 - 5 CBD office conversion opportunities in the pipeline. The Group's focus on adapting underutilised office space for apartment hotel accommodation is a strategic long term play according to CEO Zed Sanjana.

More announcements about the opening of new Veriu and Punthill apartment hotels at various sites are expected from the Veriu Group in the coming months.

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