Opened in 2017, the luxury property is prominently located along Hobart’s iconic waterfront encompassed by a backdrop of the CBD and Mount Wellington.
MACq 01 offers 114 guest rooms & suites together with a high-end restaurant & bar and is accompanied by an arcade of six exceptional retail components.
JLL Hotels & Hospitality Group ran a public sale campaign for the MACq 01 Hobart which attracted significant offshore and domestic interest, representative of its incredible market reputation and the ever increasing investor focus on Tasmania in general.
Pertinent details of the sale process are confidential, however JLL congratulate the buyer syndicate on their acquisition and commend the Vos Group on creating such a unique hotel and the legacy they have left on the Hobart hotel market.
Peter Harper, Executive Vice President, said “We have transacted four hotels across Tasmania this year and have another major hotel asset under contract. There is no doubt investors are increasingly recognising the outstanding fundamentals of the market and its growth potential.”
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