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CBRE Hotels is exclusively appointed to offer for sale the Ibis Budget Perth Airport, located at 317-319 Great Eastern Highway, Redcliffe Perth WA.
Strategically positioned in the Perth Airport precinct, Ibis Budget is offered to the market with vacant possession of management and is currently operated under the Ibis Budget brand by Accor, one of the world’s largest hotel operators. The property comprises 73 guest rooms plus an on-site manager’s apartment across three levels and occupies an expansive 3,861sqm* landholding on one of Perth’s major arterial road networks Great Eastern Highway.
The property benefits from additional plot ratio allowing development upside, with the recent approval of a development application for an additional 12-storey, 60 dual key (120 keys) serviced apartments / co-living development over the carpark located at the rear of the property. The development of additional rooms will allow investors to leverage off the $5 billion investment at Perth Airport, which is the largest private infrastructure investment in WA.
For Sale via Expressions of Interest closing 2pm (AWST) Wednesday 23 July 2025.
*Approx.
Remember to mention you found this property on CommercialReady
CBRE Hotels is exclusively appointed to offer for sale the Ibis Budget Perth Airport, located at 317-319 Great Eastern Highway, Redcliffe Perth WA.
Strategically positioned in the Perth Airport precinct, Ibis Budget is offered to the market with vacant possession of management and is currently operated under the Ibis Budget brand by Accor, one of the world’s largest hotel operators. The property comprises 73 guest rooms plus an on-site manager’s apartment across three levels and occupies an expansive 3,861sqm* landholding on one of Perth’s major arterial road networks Great Eastern Highway.
The property benefits from additional plot ratio allowing development upside, with the recent approval of a development application for an additional 12-storey, 60 dual key (120 keys) serviced apartments / co-living development over the carpark located at the rear of the property. The development of additional rooms will allow investors to leverage off the $5 billion investment at Perth Airport, which is the largest private infrastructure investment in WA.
For Sale via Expressions of Interest closing 2pm (AWST) Wednesday 23 July 2025.
*Approx.
Remember to mention you found this property on CommercialReady
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