Criterion Hotel Perth - SOLD

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Sold for 16,500,000 AUD Date of Sale: August 2014
Rooms: 69
Price Per Room: 239,130 AUD
Property Id : 29153

Ideally located in the Perth CBD at the centre of the corporate and retail core, the Property is just 150 metres from the Hay Street Mall and will vastly benefit from landmark surrounding developments Elizabeth Quay and the Treasury Precinct.

The Criterion Hotel features 69 well-appointed guestrooms, a ground floor restaurant & bar, basement bar and bottle shop and conference room for up to 65 guests.

Rich in history, the Hotel is considered one of the first establishments in Perth to adopt the electric light system and is the oldest public house in the city still licensed today. Re-built in 1937 for the Swan Brewery, the Criterion Hotel is Perth’s only remaining Art Deco hotel.

This combined with the Hotel’s excellent reputation, provides the potential for it to become one of the CBD’s premier boutique accommodation facilities.

Andrew Langsford

Senior Vice President, Australasia
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