Developers Realisation, The Exodus Apartment Hotel Dandenong for sale by Melbourne Acquisitions
Formerly operated as City Edge apartments, a standalone, 8 level freehold property of 42 apartments for sale, including 1st floor commercial office space, ground floor retail premises plus 24 car spaces. The Exodus Hotel for sale with vacant possession by Dom Gibson and Stefan Deffert of...
Finexia report says Gold Coast domestic tourism surging back to pre-pandemic levels reclaiming mantle as Australia’s favourite holiday hotspot
The report commissioned by specialist fund manager Finexia, highlights that hotel occupancy across the Gold Coast has lifted from 43.3% at the start of the pandemic in 2020 to 70.1% in 2022, while average daily room rates have moved from $195 to $271 over the same period.
Lakes Resort Toukley for sale by ResortBrokers for $18.9M
The freehold going concern of premier lakeside property Lakes Resort Toukley on NSW’s Central Coast for sale for $18.9M through Jacqueline Featherby and Tim Mayoh of ResortBrokers.
CBRE advises on Melbourne’s largest hotel transaction in over five years
Novotel & ibis Melbourne Central Hotel sold $170 million to Worldwide Hotels Group subsidiary Legend Land Melbourne Pty Ltd through CBRE Hotels’ Wayne Bunz and Scott Callow.
Accommodation Australia thanks VIC Gov for $5.6m jobs investment
Accommodation Australia, has thanked the Victorian government on behalf of its members as the $5.6M Victorian Jobs program for priority cohort jobseekers concludes.
Snowy Mountains Motel, Cooba Sport & Education Centre for sale by QTHB & Manenti Quinlan & Associates
Cooba Sport & Education Centre in the Snowy Mountains has been listed for sale through QTHBs’ Ryan Doughty and Manenti Quinlan & Associates’ Ray Larkin.
ALH leased Sunshine Coast hotel investment sold by CBRE
Alexandra Headland’s Alex Hotel sold to Sydney-based family for $11 million on a yield of 6.19%. The beachfront hotel leased to Australian Leisure and Hospitality Group (ALH) sold by CBRE’s Louisa Blennerhassett, Rem Rafter and Paul Fraser who brokered the transaction on behalf of a Melbourne...
Brighton’s Savoy Hotel sold to Primeland for $120 million ultra-luxury residences - Knight Frank
Melbourne-based developer Primeland has announced the acquisition of one of Brighton’s most significant development parcels, the former Savoy Hotel, with plans to transform the site into a $120 million ultra-luxury apartment and townhouse project.Knight Frank’s Stephen Kelly, James Thorpe and...
