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 200 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 2018 A$33.0 million
Master Lease Details [  –  ]
Master lessee HI Operations Pty Ltd, a subsidiary of Accor S.A.
Term of lease Approximately 11 years from 19 February 2010, expiring on 30 April 2021
Minimum rental income A$1.9 million
FY 2018 Key Financials [  –  ]
Rental income S$1.9 million (2)
(A$1.9 million)
Net property income S$1.9 million (2)
(A$1.9 million)
Average occupancy rate 75.6%
  • (1)The property was valued by CBRE Valuations 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$1.0083.

Ibis Perth 334 Murray Street

  • Guest Room

    192
    Guest Rooms

  • Land Area

    1,480 sqm
    Land Area

  • In Valuation

    A$33 million
    In Valuation

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. The hotel also offers a full service restaurant, casual bar and café, 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 was awarded the ISO 14001 environmental certification, Gold Planet 21 rating in 2015 and Bronze Planet 21 rating in 2017 for its sustainability efforts.

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