- Property Details
Property Details [ – ]
|Number of Guest Rooms||239|
|Number of F&B Outlets||Two outlets comprising Beccaria Bar and Restaurant and Cucina on Hay|
|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, and gym|
|Car park facilities||32 car park lots|
|Land area||757 sq m|
|Gross floor area||22,419 sq m|
|Purchase price at 18 February 2010||A$36.2 million|
|Valuation (1) as at 31 December 2020||A$45.0 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$2.8 million|
- (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.
Mercure Perth 10 Irwin Street
757 sq m
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. The property has a large heated rooftop swimming pool, modern refurbished pool deck area, spa, and spacious gym. The hotel completed a soft-refurbishment on its rooms in 2017, which transformed the guest room interiors with a vibrant and colourful new design. Business guests are also well catered for at this hotel with a number of meeting rooms available, which feature natural light and modern AV technology, accommodating up to 350 delegates. The hotel was awarded Gold Planet 21 rating in 2015 for its sustainability efforts.
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