ibis Melbourne Glen Waverley, 297 Springvale Rd, Glen Waverley, VIC, 3150

Savills Hotels is delighted to present a rare opportunity to acquire a high-quality, income-producing portfolio of three institutional-grade hotel assets strategically located across Melbourne, Victoria: Novotel Melbourne South Wharf, ibis Melbourne Glen Waverley, and ibis budget Melbourne Airport.

Key Investment Highlights – ibis Melbourne Glen Waverley:

• Strategic Suburban Location: Situated in Glen Waverley, one of Melbourne’s strongest suburban commercial and residential catchments, near major corporates and universities.

• Proximity to Key Amenities: Walking distance to The Glen Shopping Centre, Glen Waverley Station and vibrant Kingsway dining precinct, enhancing guest appeal and walk-in demand.

• Steady Corporate & Education Demand: Close to Monash University, Deakin University, and Monash Business Park, supporting consistent weekday and extended stay demand.

• Proven Brand Strength: Operated under Accor’s ibis brand, benefiting from strong international recognition and loyalty in the economy segment.

• Accessible and Well-Connected: Easy access to Melbourne CBD and airport via the Monash Freeway and train network, supporting both domestic and international guests.

• Consistent Trading Performance: Reliable occupancy and ADR performance due to diversified demand generators, with minimal seasonality in business travel patterns.

Key Investment Highlights – Action Hotel Portfolio:

• Diverse Market Exposure: Portfolio spans three high-performing precincts - CBD, suburban, and airport - de-risking demand volatility.

• Institutional Lease Profile: Peppercorn leasehold (Novotel), freehold (Glen Waverley), and Crown lease (Airport) deliver structural diversity.

• Accor Hotels Covenant: Global hotel operator with proven performance and trusted brand platforms across all segments.

• Low Replacement Risk: Limited new supply and rising development costs support medium-term value preservation.

• Immediate Scale: Rare opportunity to secure 575 rooms in Australia’s most resilient and investable hotel market.

The portfolio is being offered for sale via International Expressions of Interest closing Friday 8 August 2025 at 2pm AEST, with flexibility to acquire the assets individually, in any combination, or as a portfolio.

If you're interested in the other assets within the Action Hotel Portfolio, please view the additional listings via the links below:

• Novotel Melbourne South Wharf: https://www.commercialready.com.au/properties/7-convention-centre-pl-south-wharf-vic-3006-29471
• ibis budget Melbourne Airport: https://www.commercialready.com.au/properties/caldwell-drive-melbourne-airport-tullamarine-vic-3045-29469

For further information on this exclusive offering, or to arrange an inspection, please do not hesitate to contact the exclusive sales agents.

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