Melbourne remains one of the most sought-after hotel markets across Asia Pacific - Peter Harper JLL Hotels
Investor interest in the hotel sector is at an all-time high, according to JLL Hotels & Hospitality Group, with new projects expected to further enhance the city’s offering.
George Hotel in South Melbourne sold for $5.2 million
The iconic George Hotel in South Melbourne has sold for $5.2 million, highlighting the ongoing demand for prominent investment opportunities in city-fringe locations in a deal brokered by Savills Australia’s Nick Peden, Clinton Baxter, Jesse Radisich and Glenn Ye.
JLL Hotels & Hospitality Group is delighted to announce the sale of the Freehold interest in the Royal Hotel, Sunbury - representing the sharpest yield for an ALH tenanted investment hotel in over 9 years.
Melbourne Pullman Park Hotel sold to iProsperity Group
iProsperity Group has announced the exchange of the five-star, 419-room Pullman Park Hotel opposite the MCG, which was being marketed for sale by JLL Hotels and McVay Real Estate.
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.
New era dawns on Melbourne’s East End amid $92m double deal
The Adina Hotel and Duke of Wellington in Melbourne’s East End have sold for a combined $92 million – marking the end of a 40-year era for the iconic CBD landmarks.
Melbourne property developer Steller buys former Greyhound Hotel for $7.5 million
The site of St Kilda’s iconic former Greyhound Hotel sold for $7.5 million in a deal brokered by Savills Clinton Baxter, Jesse Radisich and Nick Peden following the hotel's controversial demolition earlier this year.
