37 Pier Street Perth WA 6000
- Hotel / Leisure
- 1,000 m²
- For Sale, Contact Agent
Perth CBD Hotel with Vacant Possession
JLL Hotels & Hospitality Group is pleased to exclusively offer for sale the Seasons of Perth Hotel located in the heart of Perth's CBD.
The Hotel is located only a short walk from major corporate occupiers and leisure demand generators including the Royal Perth Hospital, the District and Magistrates Court of Western Australia, Curtin Graduate School of Business, Curtin University Law School, and St. Marys Cathedral.
Key property and investment highlights:
- 120 large guest rooms, averaging approx. 36sqm
- Over the past year, 43% of rooms stock has been refurbished including new bathrooms
- Restaurant & bar, meeting & conference space
- Offered with the benefit of vacant possession
- Further development potential to extend the room count by 70 rooms
- December monthly STR showed RevPAR growth of 6.4%. Economic growth and business confidence indicators also point to positive momentum in the WA economy.
|Floor Area||1,000 m²|
|Land Area||1,900 m²|
|Parking||On site parking available|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||29 Jan 2020|