South Perth waterfront hotel sale offers landmark 1.15ha development site
A beachfront landholding earmarked for major high-rise hotel and tourism development at Rockingham, is being offered to the market in a move expected to attract new business investment in the growing region.
Mollymook ‘golden triangle’ motel fetches $6.57 million
Mollymook Shores Motel, boasting prime beachside location within what’s known in property circles as Mollymook’s ‘golden triangle’, has been sold for $6.57 million.
One of Brisbane's favourite pubs is looking for a new owner
If you've attended any big game inside The Cauldron (Brisbane's Suncorp Stadium), chances are you've visited the iconic Normanby Hotel which is being offered for sale for the first time in over 15 years, next door to the $2 billion ‘Brisbane Live’ development.
Sydney's newest hotel with 43 million reasons to buy
Having opened its doors only last month, Felix by 8Hotels Sydney Airport has been put on the market next door to Australia's busiest airport which catered approximately 43 million passengers in 2017.
Having sold the Tennyson Hotel to Justin Hemmes in late 2016 for a record auction price of $37.5m, leading property broker and Ray White Hotels Asia Pacific Director Andrew Jolliffe has been appointed exclusive agent for the auction of anther JDA property in the form of the Padstow Hotel in...
Five things hoteliers should know about depreciation
As owners of a commercial property, hoteliers are entitled to a range of depreciation deductions, however, many hotel owners and operators remain unaware of this tax benefit and thus are missing out on thousands of dollars each year.
Sydney's 27-room North Shore Hotel has sold in an off-market deal for $10m with buyer interest driven by the prospect of capitalising on the future growth of North Sydney’s commercial precinct.
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.
