The Banana Barracks Tully for sale with a yield of circa 13.5% - JLL
The Banana Barracks in Tully is being marketed through JLL Hotels & Hospitality agent Gareth Closter, with the property being offered with a price guide of $4,999,000 reflecting a yield of circa 13.5%.
North Toowoomba hotel development site for sale - Ray White Commercial Toowoomba
2 West Street, 4 West Street and 41 Mort Street, North Toowoomba for sale by Geoff Percy of Ray White Commercial Toowoomba deliver approx. 4,338sqm for development in a high profile location that encompasses the historic 5 Ways Hotel.
Fully leased investment of the Wye Beach Hotel sold by JLL Hotels’ Senior Vice President Will Connolly. Wye Beach Hotel drew over 150 enquiries nationally from private investors to some of the industry’s most recognised capital, culminating in yield circa 4.10% yield. The hotel was eventually...
Bathurst's Jack Duggan’s Irish Pub sold to an expanding regional-based hotel group by MQ & Associates
Jack Duggan’s Irish pub Bathurst sold by MQ & Associates director Leonard Bongiovanni. A hotel has been trading onsite since 1849, twenty years after Jack Duggan (the wild colonial boy) broke out of Bathurst Gaol to become a bushranger.
Rydges North Sydney sold for $75m to Singapore family office by CBRE
Singapore investment and asset management company High Street Holdings partner David Marriott flags further hotel purchases in Australia after acquiring Rydges North Sydney for $75m. CBRE Hotels Michael Simpson and Wayne Bunz negotiated the sale on behalf of Event Hospitality & Entertainment...
Are recovering community pubs losing sight of the importance of their food offering? - JLL
Mark Walsh, Vice President – Investment Sales of JLL Hotels & Hospitality discusses the importance of a providing a consistent, even basic food operation in a hotel environment