Sebel Margate Beach hotel sold at record per key rate - JLL
The Sebel Margate Beach sold for in excess of $22 million, confirming a record per key rate for an Accor franchised hotel, in a sale conducted by JLL Hotels & Hospitality Group’s Gareth Closter.
Andrew Jackson, Scott Callow and Paul Nyholt of HTL Property offer a portfolio of three assets, comprising two DA approved land lease community sites and one former mixed-use park asset with approvals to redevelop.
Cherry Blossom Motel Young sold by Manenti Quinlan & Associates
The Freehold Passive Investment of the Cherry Blossom Motel Young sold by Ray Larkin and Malcolm Mathie, Directors of Motel Sales Manenti Quinlan & Associates.
The long-established Leura Gardens Resort in the NSW Blue Mountains has relaunched following last year’s acquisition of the hotel by Dr Jerry Schwartz under the management of Trilogy Hotels, marking a new era of revitalisation.
