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97 - 103 Elizabeth Street, Melbourne, Vic 3000

97 - 103 Elizabeth Street, Melbourne, Vic 3000

Hotel/Leisure

  • Sold Contact Agent
  • Mon 23-Sep-13

THE HEART OF MELBOURNE

  • 20 YEAR MANAGEMENT AGREEMENT
  • OUTSTANDING POSITION!
  • STRONG CASH FLOW

  • Floor Area
  • 3,360 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Dec 13, 2013

Additional Details


Interested in this property? Contact an Agent today

Gross Waddell Pty Ltd - Melbourne

Level 6, 172-192 Flinders Street

Melbourne Vic 3000

Andrew Waddell
Raoul Salter
Michael Gross

THE HEART OF MELBOURNE

• 20 year management agreement with Accor Hotels
• The Accor Group is a leading multi-national hotelier acclaimed worldwide
• Current Net Return: $1.7m* pa
• Forecast Growth 2012: 6%+*
• Strong cash flow
• Excellent occupancy rate

*approx.

97 - 103 Elizabeth Street, Melbourne, Vic 3000

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