Properties

Ibis Perth

  • Property Details
  • Overview
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 300 guests
Car park facilities 13 car park lots
Land area 1,480 sq m
Gross floor area 9,650 sq m
Title Freehold
Purchase price at 18 February 2010 A$21.6 million
Valuation (1) as at 31 December 2021 A$31.0 million
Hotel Management Agreement Details [  –  ]
Operator AAPC Properties Pty Limited
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)
FY 2021 Key Financials [  –  ]
Gross revenue S$4.2 million (2)
(A$4.2 million)
Net property income S$0.9 million (2)
(A$0.9 million)
Average occupancy rate 39.9%
  • (1)The property was valued by CIVAS (NSW) Pty Ltd (trading as Colliers International) using a combination of the Capitalisation and Discounted Cash Flow approaches.
  • (2)Based on the average exchange rate of A$1.00 = S$1.0097.

334 Murray Street, Perth

  • Guest Room

    192
    Guest Rooms

  • Land Area

    1,480 sqm
    Land Area

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 and now Murray Street shopping strips and a short walk to the Raine Square shopping and Palace Cinema Complex. The hotel also offers a full service breakfast restaurant, casual bar and cafè , 24-hour room services and three function rooms catering for up to 300 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.

Ibis Perth is certified to be fully compliant with ALLSAFE, Accor's enhanced health and safety protocols.

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