Ibis Perth

  • Property Details
  • Overview
Property Details [  –  ]
Number of Guest rooms 192
Number of F&B Outlets Two outlets comprising the Rubix Bar and Café, and Murray Street Grill
Banquet/Conference/Meeting facilities Three function rooms for up to 200 guests
Car park facilities 13 car park lots
Land area 1,480 sq m
Gross floor area 9,650 sq m
Title Freehold
Vendor Tourism Asset Holdings Limited
Purchase price at 18 February 2010 A$21.6 million
Valuation (1) as at 31 December 2016 A$32.0 million
Master Lease Details [  –  ]
Master lessee AAPC Properties Pty Ltd, a subsidiary of Accor S.A.
Term of lease Approximately 11 years from 19 February 2010, expiring on 30 April 2021
Minimum rental income A$1.9 million
FY 2015 Key Financials [  –  ]
Rental income S$2.1 million (2)
(A$2.0 million)
Net property income S$2.1 million (2)
(A$2.0 million)
Average occupancy rate 84.8%
  • (1)The properties were valued by CBRE Valuations Pty Limited using the Discounted Cash Flow approach.
  • (2)Based on the average exchange rate of A$1.00 = S$1.0341.

Ibis Perth 334 Murray Street

  • Guest Room

    192
    Guest Rooms

  • Land Area

    1,480 sqm
    Land Area

  • In Valuation

    A$32 million
    In Valuation

Ibis Perth is strategically located in the heart of Perth city, just a short stroll from the Swan River, Perth Mint and Supreme Court Gardens, amongst many of Perth's attractions.

Ibis Perth features 192 rooms, just 300 metres from the Murray and Hay Street shopping malls. The hotel also offers a restaurant, a bar and café, three meeting rooms catering for up to 200 guests, covered parking and a self-service business centre, making it an ideal location for intimate corporate and personal functions. Ibis Perth is the winner of the 2013 & 2014 Australian Hotels Association awards for best mid-range accommodation and winner of the Western Australia Tourism Gold Standard Accommodation Award for 2011 & 2013. The hotel was awarded the ISO 14001 environmental certification and Gold Planet 21 rating in 2015 for its sustainability efforts.

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