BRISBANE MARRIOTT


Website : https://www.marriott.com/en-us/hotels/bnedt-brisbane-marriott-hotel/overview/
Address/Location : 515 Queen Street, Brisbane, Queensland 4000, Australia.
Property description : 28-storey hotel building comprising 267 rooms with 3 levels of basement car park.
Property type : Hotel
Age : Approximately 26 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 : Approximately 78 bays
Average occupancy rate : 78.88%
Date of acquisition : 29 November 2012
Cost of acquisition (including incidentals) : AUD120,311,000
Fair value adjustments for the financial year : AUD5,975,000 or RM18,402,000
Market value : AUD93,000,000
Date of latest valuation : 31 May 2024
Independent valuer : CIVAS (NSW) Pty Limited
Net book value : RM289,994,000