Novotel Palm Cove (Hotel Grand Chancellor Palm Cove) - SOLD

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Sold for 10,000,000 AUD Date of Sale: October 2013
Rooms: 202
Price Per Room: 49,505 AUD
Property Id : 30594

CBRE Hotels was retained exclusively to offer for sale Novotel Palm Cove Resort, Palm Cove, North Queensland. The resort is located just 25 minutes north of Cairns, and just a short stroll from the beachside village of Palm Cove. A popular location for family and conference travellers, the resort offers 140 guest rooms with a choice of modern and spacious guest rooms and suites. Resort facilities include a restaurant and bar, two swimming pools, day care and kid’s club facilities, gymnasium, and conference centre to suit 5 – 500 delegates.

Wayne Bunz

National Director, Capital Markets
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