| Website |
: |
https://www.marriott.com/en-us/hotels/bnedt-brisbane-marriott-hotel/overview/
|
| Address/Location |
: |
515 Queen Street, Brisbane, Queensland. |
| Property description |
: |
28-storey hotel building comprising 267 rooms with 3 levels of basement car park. |
| Property type |
: |
Hotel |
| Age |
: |
Approximately 25 years |
| Title details |
: |
Lot 5 on Survey Plan 100339 comprised in Certificate of Title Reference No. 50218402 in the Parish of North Brisbane and County of Stanley. |
| Encumbrances/Limitation in title/ interest |
: |
The property is charged to secure financing and there is no restriction attached to the title. |
| Status of holdings |
: |
Freehold |
| Existing use |
: |
Commercial Building |
| Parking spaces |
: |
78 bays |
| Average occupancy rate |
: |
72.80% |
| Date of acquisition |
: |
29 November 2012 |
| Cost of acquisition (including incidentals) |
: |
AUD120,311,000 |
| Fair value adjustments for the financial year |
: |
AUD7,794,000 or RM23,531,000 |
| Market value |
: |
AUD90,000,000 |
| Date of latest valuation |
: |
31 May 2023 |
| Independent valuer |
: |
CIVAS (NSW) Pty Limited |
| Net book value |
: |
RM278,222,000 |
