Melbourne based hotels dynasty, the Zagame family, has put its hotel portfolio of six properties located in Melbourne and Vanuatu to market with price expectations of more than $300 million.
International developers vying for St Kilda's Novotel Hotel site
The sale of the 211-room waterfront Novotel Hotel on St Kilda's Esplanade, which has a permit for a three tower luxury apartment project will have developers looking to take advantage of pent up demand for the end product.
