Ibis Budget Windsor Brisbane - SOLD

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Sold for 6,350,000 AUD Date of Sale: June 2014
Rooms: 50
Price Per Room: 127,000 AUD
Property Id : 30628

CBRE Hotels were exclusively retained by the owners to present IBIS Budget Windsor to the market. The offering at 159 Lutwyche Road, Windsor represents a rare opportunity for the astute investor to acquire a premier freehold property in a desirable city fringe location. Recently rebranded with a secure management agreement in place, the property had recently reopened after extensive refurbishment, furthering appeal. The 50 room hotel with its associated facilities reside on 2,100 square metres of freehold land and provides a potential purchaser with a secure blue chip investment, in a premier and much sort after location.

Wayne Bunz

National Director, Capital Markets
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