A PRIVATE Melbourne investor has made a booking at the All Seasons Hotel Bendigo, acquiring the property from Moelis-owned Redcape Hotel Group for circa-$24 million. It traded at a 6.5% yield with a lease until 2052, currently returning $1.56 million per annum net. The four-star hotel has 77 rooms, conference and function space, 100 gaming […]
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.