Colliers International Hotels is retained as exclusive marketing agent to offer for sale Peppers King Square Hotel, Perth, Western Australia.
The hotel is located in the Perth CBD, directly adjacent to Perth’s $5 billion City Link project including the 15,500 seat Perth Arena. The hotel is surrounded by the King Square precinct which includes four commercial towers, including tenants such as Shell Australia, John Holland and HBF. The hotel’s location is also an ideal base for leisure travellers to explore the vibrant city Perth and surrounds.
Key investment highlights include:
• 120 room 4.5 star hotel
• 426sq m freehold land
• New hotel completed in 2016
• Ability to offer Vacant Possession in the medium term
• Excellent depreciation benefits
• Counter cyclical investment opportunity
Peppers King Square Hotel is being offered for sale by Expression of Interest closing Thursday, 30 November 2017.