Hotel/Leisure
ID 13863UpdatedSoldVibe Hotel Marysville
32 - 42 Murchison Street
Marysville, Victoria, 3779
Please contact us for price
- Size
18,260 SQM
Peter Harper
Managing Director, Head of Investment Sales Australia, Hotels & Hospitality
Nick Macfie
Associate
- Description
- Building Information
- Location
- Agents
Description
Pre-eminent conference hotel with vacant possession
JLL Hotels & Hospitality Group has been exclusively retained to offer for sale the Vibe Hotel Marysville.
Built in 2015, this near new hotel presents to an exceptionally high standard and features 101 upscale guest rooms & suites, highly flexible conference & pre-function space for up to 480 guests, a diverse food & beverage offering and numerous leisure facilities.
Located just 1.5 hours from the Melbourne CBD, Marysville is a popular town within the environs of the famous Yarra Valley which is favoured amongst domestic and international leisure tourists alike for its numerous food & beverage venues, world-class wineries and stunning natural attractions. Its proximity to Australia’s second largest city also makes the area a highly desirable mid-week MICE destination.
Offered for sale with vacant possession, the property offers numerous opportunities for growth. Investors and owner-operators have the ability to leverage the hotel’s strong market reputation and increase trading performance, while looking to further capitalise on, or re-activate, several areas to grow its market demand segments. There is also the potential to consider alternative uses within the hotel.
For sale by Expressions of Interest closing Thursday 14 November 2019 at 4:00pm (AEDT)
JLL Hotels & Hospitality Group has been exclusively retained to offer for sale the Vibe Hotel Marysville.
Built in 2015, this near new hotel presents to an exceptionally high standard and features 101 upscale guest rooms & suites, highly flexible conference & pre-function space for up to 480 guests, a diverse food & beverage offering and numerous leisure facilities.
Located just 1.5 hours from the Melbourne CBD, Marysville is a popular town within the environs of the famous Yarra Valley which is favoured amongst domestic and international leisure tourists alike for its numerous food & beverage venues, world-class wineries and stunning natural attractions. Its proximity to Australia’s second largest city also makes the area a highly desirable mid-week MICE destination.
Offered for sale with vacant possession, the property offers numerous opportunities for growth. Investors and owner-operators have the ability to leverage the hotel’s strong market reputation and increase trading performance, while looking to further capitalise on, or re-activate, several areas to grow its market demand segments. There is also the potential to consider alternative uses within the hotel.
For sale by Expressions of Interest closing Thursday 14 November 2019 at 4:00pm (AEDT)
Location
Agents
Peter Harper
Managing Director, Head of Investment Sales Australia, Hotels & Hospitality
Nick Macfie
Associate