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 2020 A$30.0 million
Master Lease Details [  –  ]
Master lessee HI Operations Pty Ltd, a subsidiary of AccorInvest Group 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 2020 Key Financials [  –  ]
Rental income S$1.8 million (2)
(A$1.9 million)
Net property income S$1.8 million (2)
(A$1.9 million)
Average occupancy rate 34.1%
  • (1)The property was valued by CIVAS (NSW) 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$0.9504.

Ibis Perth 334 Murray Street

  • Guest Room

    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 shopping strip and a short walk to the Raine Square shopping and Palace Cinema Complex. The hotel also offers a full service restaurant, casual bar and cafè , 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 has a Silver Planet 21 rating in 2016 for its sustainability efforts.

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