Sebel Mandurah - SOLD

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Sold for 11,442,024 AUD Date of Sale: December 2012
Rooms: 89
Price Per Room: 128,562 AUD
Property Id : 30614

CBRE Hotels by way of an exclusive mandate from Accor are pleased to offer to the Australian investment community and owner/operators, The Sebel Mandurah. Located on Mandjar Bay, only 50 minutes south of the Perth CBD, Mandurah is now considered an outer suburb of Perth and is well accessed by the Kwinana Freeway and Mandurah Railway line to Perth.

Occupying the iconic Peninsula hotel site, today the Sebel forms part of an exclusive strata subdivision comprising permanent residential apartments and the award winning M on the Point Bar Restaurant. The Sebel offers 89 hotel rooms with the majority boasting wonderful east west views over the Indian Ocean or Mandurah Canals and Estuary. Additionally the offering includes 6 upper level luxury permanent residential apartments (2 & 3 bedrooms), which require only the placement of FF&E to be incorporated into the hotel if desired.

The hotel is currently branded as a Sebel, and the initial management operating term is for 20 years. This offering affords the opportunity to acquire a strategic real estate asset and Mandurah’s best hotel property.

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