Time & Place, MaxCap and TFE Hotels Announce $150m Boutique Hotel at Melbourneโ€™s The Queensbridge Building

Melbourneโ€™s inner city, already set to benefit from the $1.7 billion Melbourne Arts Precinct Transformation Project in 2028, will receive another boost to tourism with the announcement that diversified property developer Time & Place along with joint venture partners, MaxCap Group, and Australiaโ€™s TFE Hotels, will open a $150m boutique hotel in Southbank in September 2025.

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The Dava Hotel, 614 Esplanade, Mount Martha

The freehold interest in the renowned Dava Hotel, operating for more then 88 years along the water in Mount Martha, has been brought to the market by Stonebridge Property Group and Wilson Property.

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