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Novotel Melbourne Glen Waverley, 285 Springvale Road Glen Waverley, VIC 3150


Novotel Melbourne Glen Waverley, 285 Springvale Road,
Glen Waverley, VIC 3150

Hotel, Motel & Leisure

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Map of Novotel Melbourne Glen Waverley, 285 Springvale Road


Securely Leased Hotel Investment

  • 200 Room upscale hotel
  • Triple Net Lease to Accor
  • Near term vacant possession
The Novotel Melbourne Glen Waverley is a 200 room 4 star hotel which is widely regarded as one of Metropolitan Melbourne's strongest performing hotels. Situated within the Glen Waverley Activity Centre and surrounded by the retail precincts of the Glen Shopping Centre, Century City Walk and Kingsway, the hotel benefits from the broad base of accommodation drivers within the City of Monash.

The hotel is currently leased to Accor, one of the world's largest hotel operators, under a triple net lease expiring July 2018 providing certainty of income in the short term with flexibility of operations thereafter. The near term vacant possession allows an incoming purchaser the ability to establish their own brand or enter into a new management agreement with a variety of operators.

Other features of the hotel include the Butchers Bench Restaurant, seven (7) flexible meeting rooms, a heated indoor pool, gymnasium, sauna and underground parking for 100 cars.

For Sale by International Expressions of Interest closing Tuesday 18th October at 4pm (AEST).

Property ID: 502104650Last Updated: 5 May 2017

03 9629 88... logo
Novotel Melbourne Glen Waverley, 285 Springvale Road
Glen Waverley, VIC 3150
Colliers - Melbourne
Level 30, 367 Collins Street
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