LOCALLY-based Asian investors have acquired Toowong’s 51-room Jephson Hotel for $15.8 million. The sale inner-city hotel equates to $310,000 per room and was negotiated by Colliers International’s Neil Scanlan via expressions of interest. Scanlan said thew sale showed there are still astute investors looking to capture the potential future growth of the Brisbane hotel market […]
Login or Subscribe to read this article and more...
Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news.
