The Adina Perth for sale by Ray White Commercial (WA) and HTL Property
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The Adina Perth for sale by Ray White Commercial (WA) and HTL Property
Adina Apartment Hotel at 138 Barrack Street Perth for sale by Phil Zoiti, Brett Wilkins of Ray White Commercial (WA) and Andrew Jolliffe of HTL Property Sydney.
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Ray White Commercial (WA)The Adina Perth for sale
Perth’s iconic Adina Hotel is being offered for sale through Ray White Commercial (WA) and HTL Property Sydney.
Source: Ray White Commercial (WA)
Adina Apartment Hotel Perth is a 4 Star serviced apartment style hotel offering 100 spacious one and two-bedroom apartments and generous studio rooms.
Completed in 2006, lettable area of the Adina Apartments is approximately 7,476sqm, comprising a 15-level residential and serviced apartment complex. Note: Level 10 - 15 residential apartments are not for sale.
Hotel facilities include parking, reception, conference rooms, gymnasium, and swimming pool, plus hotel apartments on Levels 2 – 9.
Source: Ray White Commercial (WA)
Situated in the heart of the Perth CBD, the property occupies a prominent and highly visible location on Perth’s premium hotel strip on Barrack Street with neighbours including the Como Treasury, Ritz Carlton, QT Hotel and the Westin Hotel. The property is close to Hay Street & Murray Street Malls retail entrances, the Perth City Train Station and an abundance of retail shops, cafes, restaurants and bars in both the Perth City Centre and the Northbridge night life.
Source: Ray White Commercial (WA)
The Hotel is currently leased to Medina Property Services Pty. There is future upside potential in further strata subdivision and conversion to Residential occupancy, with a current approval in place for change of use from "Special Residential" to "Residential" which will allow an owner to lease or sell the individual units as Permanent Residential on the expiry of the hotel lease.
Expressions of Interest close on 14 June 2022.
To request a copy of the Information Memorandum please email either of the Ray White Commercial (WA) marketing agents Phil Zoiti and Brett Wilkins or HTL Property Sydney market agent Andrew Jolliffe via the contact form below.
To view the listing or for more information click here.
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