- Property Details
Property Details [ – ]
|Number of Guest Rooms||192|
|Number of F&B Outlets||Two outlets comprising the Rubix Bar and Cafe 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|
|Purchase price at 18 February 2010||A$21.6 million|
|Valuation (1) as at 31 December 2020||A$30.0 million|
Hotel Management Agreement Details [ – ]
|Term of Hotel Management Agreement||10 years from 1 May 2021, expiring 30 Apr 2031, with options to renew for two terms of five years each (subject to mutual agreement of the parties)|
- (1)The property was valued by CIVAS (NSW) Pty Limited using a combination of the Capitalisation and Discounted Cash Flow approaches.
- (2)Based on the average exchange rate of A$1.00 = S$0.9504.
Ibis Perth 334 Murray Street
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 and around the corner from the popular King Street shopping strip and a short walk to the Raine Square shopping and Palace Cinema Complex. The hotel also offers a full service restaurant, casual bar and cafè , 24-hour room services and three function rooms catering for up to 200 guests. Other features include, secure covered parking, business centre and secure guest access to all hotel floors. The hotel has a Silver Planet 21 rating in 2016 for its sustainability efforts.
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