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138 Barrack Street
Perth WA 6000
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CBRE Perth

138 Barrack Street Perth WA 6000

  • Hotel, Motel, Pub & Leisure
  • 9,281 m²
  • For Sale, Offers to Purchase closing 17 October 2023

HIGH YIELDING PERTH HOTELS

  • Two CBD accommodation assets
  • Adina – Stabilised income stream
  • Akara – Solid trade, development upside

This is an opportunity to acquire the Freehold Interest of the Adina Apartment Hotel and The Drunk Elephant Bar & Bistro at 138 Barrack Street and the Akara Hotel at 379 Wellington Street. The two adjoining Hotels provide a total of 142 rooms.

Perth's accommodation and hospitality sector has seen substantial growth over the past 12 months as the CBD continues to evolve with key infrastructure projects including Elizabeth Quay, Perth City Link and the under construction Edith Cowan University city campus.

The properties are being offered for sale (either individually or as a portfolio) via Offers to Purchase closing Tuesday 17 October 2023 at 3pm (AWST)

Property Highlights

Floor Area9,281 m²
Land Area2,365 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018766379
Category
Last updated  15 Sep 2023
Map for 138 Barrack Street Perth WA 6000

Property Highlights

Floor Area9,281 m²
Land Area2,365 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018766379
Category
Last updated  15 Sep 2023
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000

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