CBRE Hotels are pleased to announce the sale of the Pensione Hotel, Melbourne. The Pensione Hotel comprises 114 rooms of predominantly economy size along with some ground floor rooms with private courtyards and a rooftop deck. All rooms have undergone a systematic renovation over the past six years. The vendor and operator of the hotel was 8Hotels who are known for their boutique hotel operations throughout Australia and beyond. The hotel is ideally situated near the corner of Spencer and Flinders Streets Melbourne and only a short walk to Crown Casino and the Melbourne Exhibition and Convention Centre. In addition to the accommodation there is a ground floor bar and café and separately leased health spa.