Media Release
Albury, 7 October 2025. Earlier today, Justin Clancy MP, the local Member for Albury, and Albury Mayor, Kevin Mack, joined Veriu Group CEO Zed Sanjana, Commercial Club Albury General Manager, Jeff Duck, CGA Chairman Graeme Edgar, Premier Building & Construction’s Anthony Baker, and Studio 35 Architecture principal Warren McVean to mark the official ground-breaking of the new Punthill Albury Apartment Hotel, located at 600–652 Dean Street in the heart of Albury’s CBD.
Scheduled to open in late 2026, the new property will feature 83 apartment-style rooms and deliver a much-needed new premium accommodation option to one of regional New South Wales’ most strategically significant cities. The project is being developed by the Commercial Club Albury, constructed by Premier Building & Construction, and designed and managed by Studio 35 Architecture.
Meeting a Growing Regional Demand
The latest addition to Australia’s fastest growing apartment hotel portfolio, the new Punthill Albury Apartment Hotel will provide a mix of studio, one-, two- and three-bedroom apartments, with a number of DDA-accessible rooms available. Each apartment will feature a fully equipped kitchen, in-room laundry facilities, smart TV with streaming capability, and free high-speed WiFi, catering to both short and extended stays.
Guests will also enjoy a wide range of on-site facilities, including, a welcoming ground-floor lobby lounge and reception; two conference rooms; a fully equipped gymnasium; guest pantry; and secure on-site car parking.
The new property is designed to meet the rising demand for high-quality accommodation in Albury, which continues to benefit from sustained civic investment, infrastructure upgrades, and its position as a critical hub on the Melbourne–Sydney corridor.
Why Albury?
Albury is one of the largest regional cities in New South Wales and plays a central role in connecting the broader Murray–Riverina region. Its strategic location on the Hume Highway also makes it a natural stopover for corporate, government, and leisure travellers alike.
Says Veriu Group CEO, Zed Sanjana, “Strategically we’ve always sought to grow the Punthill portfolio by opening in locations supported by major sources of corporate room night demand. Albury is a major regional hub that continues to see strong demand for modern, flexible accommodation. With its central CBD location, Punthill Albury will deliver exactly the type of premium apartment hotel our brand is known for—combining the luxuries of a hotel with the convenience of flexible living spaces within the apartment design required by both corporate and leisure guests. This is not just an investment in a hotel, but in the future growth of Albury as a destination of choice.”
Indeed, the city is currently undergoing a significant phase of infrastructure and civic renewal, with more than $400 million in planned investment across transport, health, and urban development. Major projects include the $31.5 million Albury Entertainment Centre redevelopment, the Albury Airport Western Precinct expansion, and a large-scale water and wastewater upgrade program supporting population growth in the Thurgoona–Wirlinga corridor.
Sanjana says Albury also benefits from its role as a twin city with Wodonga. “Together Albury and Wodonga form a cross-border economy with a shared catchment of more than 100,000 people. This dynamic environment is driving sustained visitation from corporate, government, and education sectors, as well as a steady stream of leisure travellers attracted by the region’s natural beauty, wineries, cultural institutions, and sporting events.”
A Property for Both Corporate and Leisure Guests
The new Punthill Albury property has been designed to serve a broad mix of guests, and its location and facilities are expected to appeal to:
- Corporate and Government Travellers – visiting regional offices, attending conferences, or commuting along the Sydney–Melbourne corridor.
- Health and Education Visitors – accessing Albury Wodonga Health, Charles Sturt University, or specialist services.
- Leisure Travellers – exploring the Murray River, Albury Botanic Gardens, cultural festivals, and nearby wineries.
- Long-stay Guests – including medical patients, relocating professionals, and extended project staff.
Location Advantage
The Dean Street site places guests at the centre of Albury’s commercial, cultural, and civic activity; within walking distance are cafés, restaurants, and retail precincts, as well as cultural attractions such as the Albury Library, Museum and Botanic Gardens. The property also offers easy access to riverside parks, walking trails, and major institutions including Charles Sturt University and Albury Wodonga Health.
Project Partners and Timeline
The Punthill Albury project is a collaboration between some of the region’s most respected organisations – Commercial Club Albury is the project developer, with Premier Building & Construction as the appointed builder, and Studio 35 Architecture as the architect and project manager.
Says Jeff Duck, General Manager of Commercial Club Albury, “As one of Albury’s longest-standing organisations, we’re delighted to be delivering a project that will contribute so meaningfully to the city’s accommodation offering. Punthill Albury will not only support local businesses and tourism, but also provide an important amenity for visiting professionals, families, and event delegates. This is a landmark investment in Albury’s future.”
Construction is now officially underway, with the property set to open in 2026.
A Strategic Expansion for Veriu Group
Punthill Albury is part of Veriu Group’s ambitious national growth strategy, which is targeting 80 hotels across Australia in the coming years. The commencement of work at Punthill Albury takes to 6 the number of new hotels currently under construction across metropolitan and regional centres, including Shepparton (VIC), Adelaide CBD (SA), Ryde (NSW), Epping (NSW) and South Yarra (VIC).
“Punthill Albury will build on the success of our extended-stay model, offering apartment hotels that meet the needs of our valued corporate guests,” says Sanjana. “We’re delighted to be working alongside Commercial Club Albury, Premier Building & Construction, and Studio 35 Architecture to deliver this important new hotel for the region.”
Whether for business or leisure, the Punthill Albury Apartment Hotel is set to become a new landmark destination for visitors to the city.
About Veriu Group – Veriu Hotels & Suites and Punthill Apartment Hotels
The Veriu Group (and its related entities) have owned, operated, and managed hotels in the Australian market for over 30 years. The Veriu Group is comprised of over 1,800 rooms/apartments operating across 25 sites and a further 6 sites in development across both the Veriu Hotels & Suites and Punthill Apartment Hotels brands. The Veriu brand was founded in 2016 as an entry into the boutique hotel accommodation space, with an emphasis on creating individual and unique accommodation experiences that connect people with places. There are currently six Sydney based locations under the brand, with Veriu Broadway, Veriu Camperdown, Veriu Randwick, Veriu Green Square, Veriu Central and Veriu Macquarie Park; two Melbourne based locations – Veriu Queen Victoria Market and Veriu Collingwood, with further hotels in the pipeline. In 2018, the Group announced the acquisition of the 30-year-old Melbourne-based Punthill Apartment Hotel Group brand and now has in operation 15 properties under this brand in strong corporate travel driven locations.
With a highly efficient and dependable business model for operations, revenue management, distribution and sales and marketing, the business demonstrates experience in maintaining above market performance in Sydney, Melbourne, Canberra and Brisbane and is primed for future growth with a strong pipeline of development opportunities across the country.
The core customer of the Veriu Group is the short and long stay corporate traveller. Whilst leisure, wholesale, inbound, MICE and free and independent traveller make up an important share of Veriu’s business mix, its main focus is on the needs of its corporate clients. The Veriu Group leverages its direct relationships with its corporate clients (both national and local) and partner travel management companies to drive higher average lengths of stay and a higher business mix of clientele than its competitors. The Group has established long term relationships with a large network of international and local booking partners as well as a strong online presence.
For more information visit: Veriu: veriu.com.au | Punthill: punthill.com.au
