Rydges Darwin Airport Hotel and Resort (Mercure Darwin Airport Resort) - SOLD

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Sold for 84,000,000 AUD Date of Sale: December 2014
Rooms: 317
Price Per Room: 264,984 AUD
Property Id : 30388

CBRE Hotels has been retained exclusively by Darwin Airport Hotels Pty Ltd as agents in relation to the sale of the ‘highly coveted, rarely transacted’ exclusive Darwin Airport properties. The Rydges Darwin Airport Resort & Hotel are being offered for sale in one line and comprise of the “Rydges Darwin Airport Resort” and “Rydges Darwin Airport Hotel”. The properties are ideally positioned within the Darwin International Airport complex with a total inventory of 317 well-appointed guest rooms, 279 parking spaces as well as boasting an extensive array of recreational and corporate facilities. The Resort and Hotel are well established and enjoy strong occupancy levels and continued rate growth, generating strong immediate cash flows whilst providing a healthy return on equity.

Wayne Bunz

National Director, Capital Markets
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