COWES VIC 3922
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- Hotel / Leisure
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- 32 x Onsite parking
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- 6 Oct 2016
Quality freehold hotel in thriving coastal tourism destination
JLL Hotels & Hospitality Group is pleased to offer to the market the well-appointed Phillip Island Apartments located in the vibrant seaside township of Cowes, Phillip Island's commercial hub, only 90 minutes from Melbourne.
The 4 star property comprises 32 keys containing a mix of two and three bedroom luxury apartments together with conference facilities, outdoor swimming pool, heated spa, associated guest amenities and 32 car bays.
Phillip Island Apartments is centrally located within the Island's retail and dining precinct with the popular Cowes Beach only metres away. The hotel is well-positioned to capture the demand of domestic and international tourists with its close proximity to the many attractions the Island has to offer including the international Grand Prix circuit and world-renowned Penguin Parade.
This is a unique opportunity to acquire the freehold interest of a quality coastal hotel asset managed by an experienced and award-winning accommodation operator in one of Victoria's key tourism destinations.
FOR SALE BY EXPRESSIONS OF INTEREST
Closing Midday (AEDT) Thursday 10 November 2016
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information