Spring Hill

$17,000,000

Other:

  • Property ID#745997
  • LocationSPRING HILL
  • StateQLD
  • StatusCurrent
  • Building Area sqm3000.00
  • Land Area sqm726.00
  • Spring Hill
  • Spring Hill
  • Spring Hill
  • Spring Hill
  • Spring Hill

Brisbane Boutique Hotel Investment

Ray White Transact is pleased to offer for sale Diamant Hotel Brisbane by private treaty at $17million (8.9% yield).
Diamant Hotel is a highly successful 4 star hotel, completed in 2009 and located on the fringe of the Brisbane CBD. It is leased to major boutique hotel chain (8 Hotels Group) until 2024 plus option.
It comprises an eight level, Cottee Parker designed building which was constructed by Hutchinson Builders. The building contains 84 hotel rooms, restaurant / bar and back of house facilities.

Sale Details
The property is offered for sale now by private treaty at $17million (8.9% yield).

Client Testimonials

  • Ken Woodley

    Rick acts very professionally and confidentially in all property dealings. His competent and honest handling of the matters made the negotiation process easy from our perspective.As a result of Rick’s efforts we have engaged Ray White as leasing and selling agents for other properties owned by us. I have no hesitation in recommending Rick’s services as a real estate agent of significant integrity and competence.

  • Ross Nielson

    Rick has handled several successful transactions for us since 1987 and he has been the most capable real estate agent that we have dealt with.Confidentiality has been preserved in all our transactions over the years and this is rare in this business. Of particular note is the approach Rick takes in terms of acting in his clients’ best interest. This has resulted in the premium for us, which in some cases has been beyond our expectation.

Loan Repayment Calculator

How much can I borrow?
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser or mortgage broker before taking out a loan. Results indication is based on an Interest Only Loan for Residential and Lifestyle of 90% LVR, Commercial, Vacant Land and Business of 70% LVR and Rural of 60% LVR).

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