Mercure Perth

  • Property Details
  • Overview
Property Details [  –  ]
Number of Guest Rooms 239
Number of F&B Outlets Two outlets comprising Beccaria Bar and Restaurant and Hydrant Bar and Café
Banquet/Conference/Meeting facilities Dedicated conference floor on Level 1 providing facilities for up to 350 delegates with six function rooms, heated rooftop swimming pool, spa, sauna and gym
Car park facilities 32 car park lots
Land area 757 sq m
Gross floor area 22,419 sq m
Title Strata Freehold
Vendor Tourism Asset Holdings Limited
Purchase price at 18 February 2010 A$36.2 million
Valuation (1) as at 31 December 2017 A$48.0 million
Master Lease Details [  –  ]
Master lessee AAPC Properties 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$2.8 million
FY 2016 Key Financials [  –  ]
Rental income S$3.0 million (2)
(A$2.9 million)
Net property income S$3.0 million (2)
(A$2.9 million)
Average occupancy rate 87.1%
  • (1)The properties were valued by Jones Lang Lasalle Property Consultants Pte. Ltd. using the Discounted Cash Flow approach.
  • (2)Based on the average exchange rate of A$1.00 = S$1.0280.

Mercure Perth 10 Irwin Street

  • Guest Room

    Guest Rooms

  • Land Area

    757 sq m
    Land Area

  • In Valuation

    A$48 million
    In Valuation

Mercure 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.

Mercure Perth features 239 well-appointed rooms, along with two F&B outlets comprising Beccaria Bar and Restaurant, and Cucina on Hay, a heated rooftop swimming pool, spa, sauna and gym. Business guests are well catered for at this hotel with a number of modern meeting rooms available, accommodating up to 350 delegates. The hotel was awarded Gold Planet 21 rating in 2015 for its sustainability efforts.

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