Properties

Ibis Perth

334 Murray Street, Perth

  • Guest Room

    192
    Guest Rooms

  • Land Area

    1,480 sqm
    Land Area

Ibis Perth is located 300 metres from the prime Murray and Hay Street shopping precinct and a short walk to Raine Square, Palace Cinema Complex and Yagan Square. The hotel offers a full-service breakfast restaurant, casual bar and function rooms catering for up to 200 guests.

The hotel concluded extensive renovations in 1Q 2025, which covered the main lobby, all 192 guest rooms and a new gym. A fresh restaurant and bar concept, Chelsea Social, was introduced to complement the conference rooms' rejuvenation to create a cohesive event space and street facing dining. The asset enhancement initiatives have elevated the hotel, allowing it to be repositioned as the hotel of choice in Perth's Central Business District.

Property Details [  –  ]
Number of guest rooms 192
Number of F&B outlets Newly refurbished dining area Chelsea Social, comprising two outlets, Chelsea Bar and Dining Hall
Banquet/Conference/Meeting facilities Three function rooms for up to 200 guests
Other facilities Business centre and gym
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 2025 A$53.0 million
Green Rating/Certification Eco Tourism Australia - Sustainable Tourism Certification
National Australian Built Environment Rating System (NABERS)
• Energy - 4 stars
• Water - 3.5 stars
Hotel Management Agreement Details [  –  ]
Operator AAPC Properties Pty Limited
Term of Hotel Management Agreement 10 years from 1 May 2021, expiring 30 April 2031, with options to renew for two terms of five years each (subject to mutual agreement between the parties)
FY 2025 Key Financials [  –  ]
Gross hotel revenue S$10.7 million (2)
(A$12.6 million)
Net property income S$2.8 million (2)
(A$3.3 million)
  • (1)The property was valued by Newmark Real Estate Singapore Pte. Ltd. using the Discounted Cash Flow approach.
  • (2)Based on the average exchange rate of A$1.00 = S$0.8430.

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