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.
SB&G Hotel Group has moved closer to its stated target of $1 billion of assets with the acquisition of two Watermark branded hotels in Brisbane and the Gold Coast.
The Retreat Hotel, best known for its appearance in the 1970’s television series The Sullivans, has sold at auction to a local pub owner Bill Toohey, who's now looking to re-lease the hotel to an experienced operator.
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 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.
Naumi Hotels, the Singapore-based private hotel owner and operator is further increasing its presence in New Zealand with the purchase of two properties in a prime location in Wellington, New Zealand.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
