Hamilton Motor Inn, Brisbane - SOLD

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Sold for 6,000,000 AUD Date of Sale: June 2022
Rooms: 22
Price Per Room: 272,727 AUD
Property Id : 33434

The Hamilton Motor Inn has been sold by JLL Hotel & Hospitality Group in conjunction with the JLL Investment Sales team on behalf of long term family owners. Represented by Gareth Closter & Tom Gleeson, Senior Vice Presidents of JLL Hotels & Hospitality Group & JLL Director of Metropolitan Sales & Investments Queensland, Tim Jones, the sale sets a new benchmark for accommodation assets in Brisbane.

A major player in Brisbane’s early tourism boom and long-time flagship of the inner north, the property is ideally positioned with uninterrupted river and city skyline views. The five-level building includes 22 rooms, a care taker’s unit, function space and restaurant, rear courtyard, roof top terrace and reception with generous on grade parking.

The result reflects a per key rate of over $272,000 which sets a new benchmark for budget accommodation facilities in the Brisbane market.

 

  

Gareth Closter

Senior Vice President, Investment Sales - Mid Markets
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