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297 Springvale Rd
Glen Waverley VIC 3150
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Savills Melbourne

297 Springvale Rd Glen Waverley VIC 3150

  • Hotel, Motel, Pub & Leisure
  • 3,920 m²
  • For Sale, Contact Agent

Rare Opportunity to Acquire a Premium Melbourne Hotel Portfolio

  • Proximity to Key Amenities
  • Steady Corporate & Education Demand
  • Consistent Trading Performance

Savills Hotels is delighted to present a rare opportunity to acquire a high-quality, income-producing portfolio of three institutional-grade hotel assets strategically located across Melbourne, Victoria: Novotel Melbourne South Wharf, ibis Melbourne Glen Waverley, and ibis budget Melbourne Airport.

Key Investment Highlights ibis Melbourne Glen Waverley:
- Strategic Suburban Location: Situated in Glen Waverley, one of Melbourne's strongest suburban commercial and residential catchments, near major corporates and universities.
- Proximity to Key Amenities: Walking distance to The Glen Shopping Centre, Glen Waverley Station and vibrant Kingsway dining precinct, enhancing guest appeal and walk-in demand.
- Steady Corporate & Education Demand: Close to Monash University, Deakin University, and Monash Business Park, supporting consistent weekday and extended stay demand.
- Proven Brand Strength: Operated under Accor's ibis brand, benefiting from strong international recognition and loyalty in the economy segment.
- Accessible and Well-Connected: Easy access to Melbourne CBD and airport via the Monash Freeway and train network, supporting both domestic and international guests.
- Consistent Trading Performance: Reliable occupancy and ADR performance due to diversified demand generators, with minimal seasonality in business travel patterns.

Key Investment Highlights Action Hotel Portfolio:
- Diverse Market Exposure: Portfolio spans three high-performing precincts - CBD, suburban, and airport - de-risking demand volatility.
- Institutional Lease Profile: Peppercorn leasehold (Novotel), freehold (Glen Waverley), and Crown lease (Airport) deliver structural diversity.
- Accor Hotels Covenant: Global hotel operator with proven performance and trusted brand platforms across all segments.
- Low Replacement Risk: Limited new supply and rising development costs support medium-term value preservation.
- Immediate Scale: Rare opportunity to secure 575 rooms in Australia's most resilient and investable hotel market.

The portfolio is being offered for sale via International Expressions of Interest closing Friday 8 August 2025 at 2pm AEST, with flexibility to acquire the assets individually, in any combination, or as a portfolio.

If you're interested in the other assets within the Action Hotel Portfolio, please view the additional listings via the links below:

- Novotel Melbourne South Wharf: https://www.commercial***/2020101578
- ibis budget Melbourne Airport: https://www.commercial***/2020101576

For further information on this exclusive offering, or to arrange an inspection, please do not hesitate to contact the exclusive sales agents.

Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Floor Area3,920 m²
Land Area3,920 m²
Parking190 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2020101577
Category
Last updated  2 Jul 2025
Map for 297 Springvale Rd Glen Waverley VIC 3150
nbn® Hybrid Fibre Coaxial (HFC) is available in this property
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Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Floor Area3,920 m²
Land Area3,920 m²
Parking190 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2020101577
Category
Last updated  2 Jul 2025

Co-Agents

More about 297 Springvale Rd Glen Waverley VIC 3150

297 Springvale Rd Glen Waverley VIC 3150 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 3,920 m² and a land area of 3,920 m². There are 190 x onsite parkings.The listing ID for this property is 2020101577.

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