Neutral Bay The Oaks Hotel sold to Mosman family by JLL
Widely considered the greatest hotel in Australia, The Oaks Hotel sold to a Mosman family pub near the asking price of $175 million by JLL Hotels & Hospitality Group JLL Managing Director John Musca and JLL Senior Vice President Ben McDonald.
One Circular Quay hotel The Waldorf Astoria Sydney sold to Fiveight - McVay and CBRE
Lendlease and Mitsubishi Estate Asia have exchanged contracts with Fiveight, the property company of Tattarang, for the sale and delivery of the hotel at their $3.1 billion One Circular Quay. The agents that managed the sale are Sam McVay from McVay Real Estate and Michael Simpson from CBRE...
Mercure Pakenham freehold sold for almost $16m by Stonebridge
The freehold interest in the Mercure Pakenham sold to a Melbourne based investor for $15,800,000 on a sharp passing yield. The 64 room Mercure hotel sold on a leaseback for 20 years brokered by Stonebridge’s Rorey James and Kevin Tong in conjunction with Ben Wilson and Emma Dunne of Wilson...
c1881 Historical Hotel The Ambassador of Redcliffe overlooking Redcliffe Beach sold off-market by Savills Hotels
The hotel was built in 1881, the first in Redcliffe’s CBD, The Ambassador of Redcliffe sold to pre-approved private buyer negotiated by Leon Alaban and Tony Bargwanna of Savills Hotels.