Il Mondo Boutique Hotel Brisbane - SOLD

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Sold for 13,500,000 AUD Date of Sale: October 2014
Rooms: 40
Price Per Room: 337,500 AUD
Property Id : 29147

IL Mondo Boutique Hotel occupies a prominent 1,581sqm freehold corner site fronting Rotherham Street and Deakin Street in the highly sought after Kangaroo Point area, neighbouring the Brisbane CBD.

Established in 1997, the Hotel was refurbished and reconfigured in 2009to provide an exceptional level of amenity and facilities including 40 award-winning guest rooms and apartments, a Japanese restaurant/bar and flexible function space.

In addition, the Property is surrounded by almost all of Brisbane’s major accommodation demand generators, allowing the operation to achieve strong and stable occupancy levels and a high average daily rate year round.

Peter Harper

Managing Director, Head of Investment Sales Australasia
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