Griffith’s Quest Apartment Hotel sells for over $15m
Strengthening investor interest in Australia’s regional hotel market has underpinned the sale of Quest Apartment Hotel in Griffith for $15.25 million - representing a strong yield of 7.5%.
AMP Capital today announced it is commencing construction of Quay Quarter Tower following more than five years of planning and obtaining development approvals for the site, bringing a new tourism landmark to the city in 2021.
Boutique accommodation operator sought for former DJs building
Iris Capital has issued an Expression of Interest to explore if there is potential for the former David Jones building to be used as a boutique accommodation hotel.
After a 4 week international marketing campaign by Ray White Group's Number One agent internationally, Andrew Jolliffe, has this morning sold under the hammer the Padstow Park Hotel for $26 million.
Wyndham Hotel Group today announced its first resort on the New South Wales South Coast, Ramada Resort Batemans Bay – the town’s first new resort to open in more than five years.
Mollymook ‘golden triangle’ motel fetches $6.57 million
Mollymook Shores Motel, boasting prime beachside location within what’s known in property circles as Mollymook’s ‘golden triangle’, has been sold for $6.57 million.
Sydney's newest hotel with 43 million reasons to buy
Having opened its doors only last month, Felix by 8Hotels Sydney Airport has been put on the market next door to Australia's busiest airport which catered approximately 43 million passengers in 2017.
Having sold the Tennyson Hotel to Justin Hemmes in late 2016 for a record auction price of $37.5m, leading property broker and Ray White Hotels Asia Pacific Director Andrew Jolliffe has been appointed exclusive agent for the auction of anther JDA property in the form of the Padstow Hotel in...
Sydney's 27-room North Shore Hotel has sold in an off-market deal for $10m with buyer interest driven by the prospect of capitalising on the future growth of North Sydney’s commercial precinct.
A rare opportunity to acquire a sought-after slice of the high performing Sydney CBD hotel sector has arisen with the upcoming sale of the Park Regis City Centre Sydney.