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JLL - Hotels & Hospitality Group

Adina Hotel, West Melbourne, 221 Rosslyn Street West Melbourne, VIC 3003

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Adina Hotel, West Melbourne, 221 Rosslyn Street,
West Melbourne, VIC 3003

Hotel & Leisure • Shop & Retail • Other

Price information

Sale

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Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1
Number of Tenants
3 Tenants

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JLL - Hotels & Hospitality Group
Adina Hotel, West Melbourne, 221 Rosslyn Street
West Melbourne, VIC 3003
JLL - Hotels & Hospitality Group

JLL - Hotels & Hospitality Group

Level 25, 420 George Street
SYDNEY, NSW 2000

Map of Adina Hotel, West Melbourne, 221 Rosslyn Street

Directions
  • Train stations within 5 km of Adina Hotel, West Melbourne, 221 Rosslyn Street, West Melbourne, VIC 3003Distance
    North Melbourne Station724 m
    Flagstaff Station767 m
    Southern Cross Station1 km
    Melbourne Central Station1.4 km
    Flinders Street Station1.9 km
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  • Tram stops within 5 km of Adina Hotel, West Melbourne, 221 Rosslyn Street, West Melbourne, VIC 3003Distance
    D1-Etihad Stadium/la Trobe St (Docklands)403 m
    119-Spencer St/la Trobe St (Melbourne City)418 m
    D2-Central Pier/Harbour Esp (Docklands)436 m
    119-la Trobe St/Spencer St (Melbourne City)463 m
    1-Spencer St/la Trobe St (Melbourne City)469 m
    POWERED BY HERE ©
  • Bus stops within 5 km of Adina Hotel, West Melbourne, 221 Rosslyn Street, West Melbourne, VIC 3003Distance
    Adderley St/Dudley St (West Melbourne)44 m
    Dudley St/Spencer St (West Melbourne)212 m
    Spencer St/Dudley St (West Melbourne)246 m
    Festival Hall/Dudley St (West Melbourne)257 m
    Jeffcott St/Spencer St (West Melbourne)279 m
    POWERED BY HERE ©
POWERED BY HERE ©

Brand new hotel with long-term lease

  • 15-year initial term to TFE Hotels
  • Brand new 99-room apartment hotel
  • Excellent northern fringe CBD location
JLL is pleased to present for sale the Adina Hotel West Melbourne and associated West End Retail. The Property is available via Expressions of Interest.

Investment highlights include:

• 15-year initial term to TFE Hotels with strong base rental with upside through turnover component
• Further passive income through three leased retail tenancies
• Part of the landmark West End development
• New 99-room apartment hotel with excellent depreciation benefits
• On the edge of the CBD, close to Docklands, NewQuay, Port of Melbourne, universities and hospitals
• Nearby leisure attractions include Marvel Stadium, Festival Hall (Hillsong), Queen Victoria Market
• Located in the northern growth corridor of Melbourne with fantastic accessibility

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Additional information

Property ID: 503800350Last Updated: 18 Jun 2021

Agency contacts

JLL - Hotels & Hospitality Group
Level 25, 420 George Street
SYDNEY, NSW 2000
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Josh Rutman

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Josh Rutman
JLL - Hotels & Hospitality Group
Adina Hotel, West Melbourne, 221 Rosslyn Street West Melbourne, VIC 3003

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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