New $150m boutique hotel announced for Melbourne’s Southbank
Melbourne’s inner city, already set to benefit from the $1.7 billion Melbourne Arts Precinct Transformation Project in 2028, will receive another boost to tourism with the announcement that diversified property developer Time & Place, along with joint venture partners MaxCap Group, and...
Hotel spas hold deluxe depreciation deductions - BMT
BMT Tax Depreciation discuss how hotel spa upgrades improve depreciation deductions and how government incentives can optimise cash flow for hotel operators.
Accommodation Australia (AA) Marks its first board meeting Parliament House Canberra
Federal Minister for Immigration, Citizenship and Multicultural Affairs Andrew Giles was a special guest. “It was fantastic to host the first-ever board meeting of Accommodation Australia at Parliament House – this was the culmination of years of hard work by many people and it was great to see...
ADGE Hotel + Residences in the heart of Surry Hills readies to open its doors next month with La Vie Hotels & Resorts at the helm
Celebrating the unique stories of Sydney’s inner-city suburb of Surry Hills, the new designer hotel ADGE Hotel + Residences is putting on the finishing touches before it officially opens its doors next month.
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...
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.