Ibis Budget Melbourne Airport Hotel - SOLD

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Sold for 11,000,000 AUD Date of Sale: December 2014
Rooms: 73
Price Per Room: 150,685 AUD
Property Id : 30395

CBRE Hotels have been exclusively retained by the owners to present the Hotel IBIS Budget Melbourne Airport to the market. The offering within the Melbourne Airport precinct represents a rare opportunity to acquire a true airport hotel in the highly sought after Melbourne hotel market. Managed by Accor Asia Pacific under the IBIS Budget brand, the property attracts a diverse budget customer range. The property is situated at the junction of two major highway with easy access from the road and enjoys heavy traffic flow. With ample secure parking positioning the IBIS as a popular stay option amongst budget conscious leisure and corporate travellers.

Scott Callow

Senior Director, Capital Markets

Wayne Bunz

National Director, Capital Markets
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