Developments

Melbourne bricks-and-motar Mercure on market

The Caroline Springs hotel, 20 minutes from Melbourne Airport, is up for sale. It includes 4½ star hotel with 58 rooms operated under the Mercure brand with planning approval for an additional 40 rooms.

It is centered on a 7000m² freehold site overlooking the lake in the centre of Caroline Springs directly opposite CS Square shopping centre with a gaming venue securely leased to a premiership sporting club.

It is being sold through Mathew George and Mitchell Humphreys of JLL Hotels.

 

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