Hospitality

The iconic North Star Hotel Complex in the heart of the Ballarat CBD is expected to attract strong interest after coming to market.

A corner hospitality freehold with a quality tenant has proven the ongoing pull of bricks-and mortar investments in Melbourne’s inner north, with investors from across Australia competing for the asset on the way to a strong sales result.

The Prince of Wales Hotel, an iconic establishment in St Kilda, has been listed for sale by Melbourne-based hospitality business, Jackalope Group, which purchased the property in 2015 for $45 million.

Melbourne’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 Australia’s TFE Hotels, will open a $150m boutique hotel in Southbank in September 2025.

An extremely rare opportunity to acquire a freehold property in Manly Corso is expected to generate significant local, national and international buyer interest.

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.

Ōhau Lodge and Ōhau Snow Fields, one of New Zealand’s most idyllic boutique ski locations, has been listed for sale by local family owners after 33 years of ownership.

The pandemic did much to pressure the tourism market, with lockdown restrictions forcing border closures, and the grounding of planes which saw both domestic and international travel halt, hurting Australia’s tourism industry.

The only remaining holiday park in the heart of the West Australian coastal city of Mandurah, a tourist destination around an hour south of Perth, has sold.

Boutique funds management company Serene Capital has expanded its hospitality portfolio with the $41.5 million acquisition of Canberra's Adobe Hotel and Apartments.

The Ibis Budget Casula Liverpool and Ibis Budget Campbelltown have been listed for sale by Iris Capital ahead of the Western Sydney International Airport opening.

Stonebridge Property Group and HTL Property will imminently bring to market a 79-hectare freehold site at the doorstep of one of Australia’s most iconic and visited tourist destinations; The 12 Apostles