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Address available on request Melbourne, VIC 3000

Address available on request,
Melbourne, VIC 3000

Hotel & Leisure

Price information

Sale - Expression of Interest

For sale via expression of interest

Key property information

Floor area

Property extent

Tenure type

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  • A total of 575 guest rooms
  • Blend of CBD, Metro & Airport locations
  • Sold individually or in one line
CBRE Hotels are pleased to present for sale the Action Australia Hotels Portfolio, comprising the Novotel Melbourne South Wharf, Ibis Glen Waverly and Ibis Budget Melbourne Airport.

Key investment highlights:
•The near-new NMSW, comprising 347 rooms and suites, co-located with Melbourne’s most active
demand-driver the Melbourne Convention and Exhibition Centre.

•The IGW, comprising 155 rooms and suites, situated in the heart of the thriving Glen Waverley precinct
in close proximity to City of Monash businesses, the Century City retail centre and dining precinct, as well
as Monash and Deakin Universities.

•The IBMA, a 73 room budget hotel situated less than 500 metres from Melbourne Tullamarine Airport A significant site area of 10,442sqm* with major further development potential which is supported by the local council’s vision for the precinct.

•All of the properties are operated under management agreement with Accor, Australia’s leading hotel operator with over 350 hotels in Australia, New Zealand and the Pacific.

The properties are being sold individually or in one line.

Property ID: 503752038Last Updated: 9 May 2021 logo
Address available on request
Melbourne, VIC 3000

Agency contacts

CBRE - Hotels
Level 21, 363 George Street
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Wayne Bunz
CBRE - Hotels
Address available on request Melbourne, VIC 3000

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