voco Melbourne Central - FOR SALE

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Property Id : 32531
Price: Expressions of Interest
Rooms: 252
Year Opened: 2022
Management: Hotel Management Agreement with IHG

JLL Hotels & Hospitality Group has been exclusively appointed to offer for sale voco Melbourne Central, a brand-new upscale lifestyle hotel in the heart of the Melbourne Central Business District.

voco Melbourne Central features 252 guest rooms and suites, together with a restaurant and bar, 350 sqm of conference and meeting space, off-street porte-cochere, gymnasium, feature swimming pool and 12 dedicated car spaces.

Situated within the geographic heart of the Melbourne CBD, voco Melbourne Central benefits from close proximity to a number of key landmarks and attractions including Bourke Street Mall, Melbourne Central, Emporium, Collins Street, the Legal Precinct and Queen Victoria Market. It is also surrounded by a number of institutional grade landlords including GPT, Charter Hall, GIC, ISPT and Mirvac.

The Hotel is located at 380 Lonsdale Street within the award winning ‘380 Melbourne’ mixed-use development. Developed by Brady Group, one of Melbourne’s most active and highly regarded private developers, ‘380 Melbourne’ boasts an enviable position amongst some of the city’s highest yielding corporate and leisure demand drivers.

Operated by IHG Hotels & Resorts, voco Melbourne Central is the first purpose built voco hotel in Australia and will be the brand’s flagship. The hotel is finished to a meticulous standard throughout and has been designed to take full advantage of its location, current and future demand segments, and the IHG Rewards platform in order to maximise trading potential.

The Melbourne hotel market remains one of the most sought after and tightly held in the Asia Pacific region, making this offering an exciting opportunity to acquire an institutional quality hotel.

See the property video here

Other Features
Bar
Car park
Conference and meeting spaces
Gymnasium
Restaurant
Swimming Pool

Peter Harper

Managing Director, Head of Investment Sales Australasia

Nick MacFie

Vice President, Investment Sales
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