Vibe Hotel Marysville, 32 - 42 Murchison Street
Marysville, VIC 3779
1.83ha (4.51 acres)
Map of Vibe Hotel Marysville, 32 - 42 Murchison Street
Pre-eminent conference hotel with vacant possession
- Near new hotel with 101 rooms
- Just 1.5 hours from Melbourne
- Well below replacement cost
Built in 2015, this near new hotel presents to an exceptionally high standard and features 101 upscale guest rooms & suites, highly flexible conference & pre-function space for up to 480 guests, a diverse food & beverage offering and numerous leisure facilities.
Located just 1.5 hours from the Melbourne CBD, Marysville is a popular town within the environs of the famous Yarra Valley which is favoured amongst domestic and international leisure tourists alike for its numerous food & beverage venues, world-class wineries and stunning natural attractions. Its proximity to Australia’s second largest city also makes the area a highly desirable mid-week MICE destination.
Offered for sale with vacant possession, the property offers numerous opportunities for growth. Investors and owner-operators have the ability to leverage the hotel’s strong market reputation and increase trading performance, while looking to further capitalise on, or re-activate, several areas to grow its market demand segments. There is also the potential to consider alternative uses within the hotel.
For sale by Expressions of Interest closing Thursday 14 November 2019 at 4:00pm (AEDT)
Property ID: 503369314Last Updated: 9 Dec 2019