A HISTORIC hotel site near Mount Martha on Victoria’s Mornington Peninsula has sold for $15.75 million, setting a new benchmark yield in the process. The Dava Hotel sold on a yield of just 2.7% in the first time it had been offered to the market in about 30 years. Stonebridge’s Rorey James, Nic Hage and […]
Login or Subscribe to read this article and more...
Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news.
Members of the Australian Property Institute no longer receive access to Australian Property Journal's (APJ) news service as part of your membership benefit, we are currently special discount for API Members, please contact subscribe@australianpropertyjournal.com.au for more information.