Iconic hotel Lygon Lodge sold $17,380,000 by Savills
An iconic hotel in one of Melbourne’s best-known retail and hospitality precincts sold by Benson Zhou, Rob Williamson, Julian Heatherich and Nick Lower from Savills Australia and New Zealand.
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...
The Espy sold for $64m to Cohen Family brokered by Gorman Allard Shelton
The St Kilda icon the Hotel Esplanade sold for $64 million to the Cohen Family owners of The Block Arcade on Collins Street. Sold on behalf of Sand Hill Road, founders Andy and Matt Mullins, Andrew Larke, Doug Maskiell and Tom Birch, brokered by Gorman Allard Shelton’s Joseph Walton and Jonathon...
c1854 Chateau Yering sold to ASX listed Elanor Investor Group by Burgess Rawson and HTL Property
ASX listed Elanor Investor Group has purchased the spectacular Chateau Yering in Victoria’s picturesque Yarra Valley in a deal brokered by Burgess Rawson and HTL Property.
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...
Victoria’s largest ever pub sale acquired by NSW hotel group brokered by JLL
JLL Hotels & Hospitality is delighted to announce the WestWaters Hotel & Entertainment Complex sold for a combined price of $85m to Oscars Hotels brokered off-market by JLL’s Vice President, Will Connolly and Managing Director, John Musca.
Victoria’s Bellarine Peninsula Queenscliff Hotel for sale by Kerleys Real Estate and CBRE
One of the most-recognised buildings on Victoria’s Bellarine Peninsula, the Queenscliff Hotel for sale. The history-laden property at 16 Gellibrand Street Queenscliff for sale by CBRE’s Scott Callow and Kerleys Real Estate’s Damian Cayzer.
30-hectare oceanfront caravan park sold on Victoria’s Surf Coast by JLL
Collendina Caravan Park, a 30-hectare ocean front asset that’s been family owned for almost 40 years, has sold to Hampshire Property Group after a highly competitive sale process. The highly regarded Collendina Caravan Park Ocean Grove sold by JLL Hotels & Hospitality Group’s Nick MacFie and...
Famous Melbourne CBD east end Hotel Lindrum sold by JLL Hotels
One of Melbourne’s most iconic hotels, originally named in honour of former world champion billiards player Walter Lindrum Hotel sold by JLL’s Victorian Capital Markets and Hotels & Hospitality Group’s respective head’s Josh Rutman and Peter Harper, along with colleagues Nick MacFie and...