97 - 103 Elizabeth Street, Melbourne, Vic 3000
- Property No. 500088006
- Show Page Visits
- Hotel/Leisure
- Floor Area: 3,360 m²
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- For Sale:
Contact Agent
Contact Agent For Sale
THE HEART OF MELBOURNE
- 20 YEAR MANAGEMENT AGREEMENT
- OUTSTANDING POSITION
- STRONG CASH FLOW
Listing Summary
- Tenure Type
- Tenanted Investment
- Building
- Whole
- Last Updated
- Jun 05, 2013
Agent Information
- Gross Waddell Pty Ltd - Melbourne
- Level 6, 172-192 Flinders Street
Melbourne Vic 3000 - View Profile
- Andrew Waddell
- Phone Number
0419 400 991- Email Agent
- Raoul Salter
- Phone Number
- 0418 335 432
- Email Agent
- Michael Gross
- Phone Number
- 0419 355 561
- Email Agent
Property Description
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.
