Belmore Hotel sold for $50 million through HTL Property
HTL Property agents Dan Dragicevich and Andrew Jolliffe have overseen the sale of Sydney's Belmore Hotel to former Sydney Lord Mayor and highly regarded philanthropist, Nelson Meers AO.
Moelis Australia has entered into an exclusivity agreement in relation to the acquisition of both the real estate freehold and operating business of the Beach Hotel, Byron Bay in a deal facilitated by John Musca of JLL Hotels and Hospitality.
Paradise Resort in Surfers Paradise sold to Jerry Schwartz for $43 million
Australia’s largest private hotel owner, Dr Jerry Schwartz, has entered into an agreement to buy Australia’s leading family resort, Paradise Resort, in Surfers Paradise.
Mackay Marina Hotel sold to regional investment fund
ResortBrokers Managing Director Trudy Crooks has brokered the deal for the freehold going concern Mackay Marina Hotel to the Mandala Asset Solutions through the Trinity Accommodation Regional Hospitality Fund (TARHF).
Box Hill Motel sold for nearly $2 million over expectations
"The sale of Melbourn's Box Hill Motel achieved a yield of 2.95%, as well as a land rate of $1,472 per square metre," says Savills agents Nick Peden, Jesse Radisich and Benson Zhou.