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Property Id : 29499
Price: 50,000,000 AUD
Land Size: 5,743 m2
Rooms: 114
Land Tenure: Leasehold
Year Opened: 2017
Management: Federal Group on a long term lease
Sold for 50,000,000 AUD Rooms: 114
Price Per Room: 438,596 AUD

JLL hotels & hospitality Group has been exclusively retained by VOS Nominees pty ltd (the “vendor”) to offer for sale Macquarie Wharf 01.

Completed in June 2017, Macquarie Wharf 01 is home to the award winning luxury MACq 01 hotel along with six exceptional retail components (herein collectively referred to as the “Property”, “Asset” or “Hotel”). This brand new Property occupies a landmark position in the heart of Hobart overlooking the world-famous Constitution Dock and right across the picturesque Derwent River. Set behind the attractive Hobart waterfront, the backdrop to the Asset encompasses the Hobart CBD and beautiful Mount Wellington which is snowcapped in winter.

Macquarie Wharf 01’s incredible location is enhanced by a striking architectural design that is modern yet complimentary to the rich history of the surrounding precinct.

The MACq 01 hotel has opened to critical acclaim and quickly established itself as one of Australia’s finest hotels. A highlight of the hotel is that each of its 114 guest rooms and suites have been inspired by a Tasmanian character whose story is not just told, but radiates through individual room design. This unique guest offering is complimented by a waterfront restaurant & bar, boardroom and gymnasium.

MACq 01 is operated under a long term lease to Federal Group, one of Australia’s most highly regarded hotel management groups and Tasmania’s largest companies.

The Property’s six retail tenancies are located along a central arcade, with three enjoying waterfront locations and all benefiting from considerable passing vehicular and pedestrian traffic given the popularity of the area amongst locals and tourists. Five of the tenancies has been leased to respected operators and are highly complementary to the market positioning of this prestigious Asset.

Other Features
Car park
Conference and meeting spaces
Gymnasium
Restaurant
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Peter Harper

Managing Director, Head of Investment Sales Australasia
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