Hotel

Not often comes an opportunity where hotel&nbsp;and residential spaces find&nbsp;their way into one project, but one of the biggest trends sweeping the country is the mixed of both,&nbsp;catering to a new type of discerning buyer.

Development director at Riverlee, David Lee, noted growing interest for hotel residences in the Australian property market.

&ldquo;The hotel residence lifestyle has gained a lot of traction in places like New York and Asia, but there is a need for this type of home in Australia&rdquo;, Lee said.

&quot;There are various residential buildings out there with features such&nbsp;as a concierge service but hotel-branded residences, particularly those with an international focus, take it to another level,&rdquo; he added.

These mixed-use developments have become a new sector mainstay in Australia, according to Cromwell Property Group, with developers increasingly combining commercial, hotel, leisure and residential.

Urban takes a look at six of Australia&rsquo;s best mixed-use apartment and hotel developments available on the market.

1. Castle Residences, Sydney 
Developer: United Development Sydney

[smartcode_project:default project_id=7758 project_image_fid=150458]

Castle Residences is a new masterful collaboration between United Development Sydney and architects Candelapas Associates and Stud​ioAria.

Situated on Castlereagh Street, a luxurious collection of 131 residences in one, two and three-bedroom configurations are on offer in an elegant new residential tower that soars above the historic Porter House.

The heritage charms of Porter House add to the luxurious feel of the 122-room MGallery boutique hotel, which extends their five-star amenities to apartment residents.

[smartcode_project:default project_id=7758 project_image_fid=150460]

The hotel will service the residences with room service, catering, housekeeping, laundry, and maintenance, which can be accessed via a personalised mobile application.

Residents will also have full access to the hotel&rsquo;s facilities including the restaurants, bars, gym, pool, and business centre, along with 24-hour security, concierge, and valet parking.

2. Seafarers, Docklands 
Developer: Riverlee

[smartcode_project:default project_id=27728 project_image_fid=173914]

Incorporating a 280-room hotel, Docklands&rsquo; latest development, Seafarers, will feature Melbourne&rsquo;s first international hotel-branded residences, 1 Hotel &amp; Homes.

Sitting above Australia&rsquo;s first 1 Hotel, a world leading eco-luxury hotel brand, the Fender Katsalidis-designed apartments boast a limited collection of 123 riverfront residences.

The two and three-bedroom, light-filled residences offer sweeping views of Yarra River and the new Seafarers Rest Park, as well as unique five-star hotel services.

[smartcode_project:default project_id=27728 project_image_fid=173938]

These include a botanical care and maintenance services, pet care and walking, in-home room services and chef-catered dinners.

The project will transform the city&rsquo;s last remaining Yarra River frontage into a new visionary waterfront precinct, with a rooftop barbeque, library and lounge exclusively available to residents.

3. Viv&eacute;re on Dorcas, South Melbourne 
Developer: BEKL

[smartcode_project:default project_id=108979 project_image_fid=181117]

Located in an elusive pocket of South Melbourne, Viv&eacute;re boasts a new collection of 36 upscale residences delivered by BEKL, Amazon Property Group&rsquo;s Australian operation.

The project soars above the Voco Hotel, which is operated and managed by internationally renowned IHG.

Designed by Plus Architecture, the 20-storey development offers one, two and three-bedroom apartments, with a sculptural fa&ccedil;ade inspired by Melbourne&rsquo;s Botanic Gardens and Port Phillip Bay.

[smartcode_project:default project_id=108979 project_image_fid=181109]

According to director-architect Jessica Liew, the recesses presented a creative opportunity to introduce an art installation, while the capsule between the stacked elements contains the hotel rooms of Voco.

Viv&eacute;re offers residents premium room services, and a range of recreational amenities, including a gym, sociable restaurant and bar.

4. Ocean, Surfers Paradise 
Developer: Meriton

[smartcode_project:default project_id=7974 project_image_fid=185035]

Rising 76 floors against the Gold Coast skyline, Ocean is the latest mixed-use development in Surfers Paradise that will feature both luxury residential and hotel suites under the Meriton Suites brand.

Set to become the third tallest tower on the Gold Coast, Ocean will be home to an impressive 404 apartments starting from level 33, offering views that tower over neighbouring buildings.

Designed by SJB Architects, the development offers residents world-class facilities including an exclusive sky pool and gym on level 33.

Located on a prime beachfront site, it will also include a vibrant retail precinct, caf&eacute;s and a purpose-built restaurant, and a beach club podium on the fifth floor.

5. Ryrie Home, Geelong 
Developer: Franz&eacute; Developments

[smartcode_project:default project_id=5559 project_image_fid=88244]

Situated on Ryrie S​treet, Franz&eacute; Developments&rsquo; new Geelong d​evelopment will deliver a landmark Holiday Inn tower, 16 luxury apartments at Ryrie Residences, and a separate 11-storey tower, Ryrie Home.

Designed by Arch​itectus, Ryrie Home boasts an authoritative and restrained grid fa&ccedil;ade, pedestrian laneways, commercial retail, and F&amp;B spaces, as well as hotel and residential lobbies.

The collaboration with IHG Hotels &amp; Resorts will see the Geelong Quarter become a gateway to the region and delivering the largest new hotel in the region in almost 20 years.

[smartcode_project:default project_id=5559 project_image_fid=88244]

Ryr​ie Home will feature a collection of 109 one, two and three-bedroom apartments that benefit from room service, gym and pool facilities, dining, housekeeping and a business centre.

It will also feature a number of retail tenancies located on the ground level facing both Ryr​ie Street and Fenwick Street.

6. M-City, Clayton 
Developer: Schiavello

[smartcode_project:default project_id=528 project_image_fid=46022]

Designed by Buchan Group, M-City boasts spacious new residential offers in one, two and three-bedroom configurations, as well as resort-style facilities and an international hotel.

Emblazoned with a distinctive bronze fa&ccedil;ade, M-City&rsquo;s own International Hotel is set to become a new local landmark, providing understated yet luxurious accommodation for visitors.

[smartcode_project:default project_id=528 project_image_fid=46027]

Developed by Schiavello, the development is situated in the lively Clayton and provides residents with a range of function venues that offer entertaining and corporate spaces, such as meeting rooms, a ballroom, and a hotel bar.

Each apartment contains floor-to-ceiling glazing, spacious, private balconies, and luxury resort-style facilities, including a heated pool, landscaped gardens, and barbeque zones.

Mixed-use developments have become a new sector mainstay in Australia, according to Cromwell Property Group.

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Australia's best mixed-use apartment and hotel developments on the market

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For the last few years, property trends have reflected the importance of resort-style amenities and private resident facilities for investors and owner-occupiers alike.

These mixed-use developments have become a new sector mainstay in Australia, according to Cromwell Property Group, with developers increasingly combining commercial, retail, leisure and residential.

Whether you’re an eager investor or an owner-occupier who desires resort-style facilities at your doorstep, here are five apartments with 5-star hotel amenities selling in March 2021. 
 

1. Seafarers, Docklands 
Address: 731 Flinders Street, Docklands VIC 3008 
One-bedroom apartments from $825,000

[smartcode_project:default project_id=27728]

Partnering with Australia’s first 1 Hotel, Seafarers integrates luxury residences and s luxury hotel amenities, management and services.

Designed by Fender Katsalidis, the project provides countless amenities to its residents including an indoor heated pool, jacuzzi, full-service fitness centre and spa.

To complement the convenience of hotel luxuries, Riverlee offers residents private amenities, including a library, dining and lounge. 
 

2. Beyond, Hurstville 
Address: 93 Forest Road, Hurstville NSW 2220 
One-bedroom apartments from $585,000

[smartcode_project:default project_id=6798]

Fridcorp’s latest Hurstville development, Beyond, features a number of on-site amenities that match the quality of the world’s best hotels.

Facilities include an outdoor dining and teppanyaki grill, gardens, lobby bar and residents’ dining.

For health and fitness, entertaining or quiet contemplation, residents can enjoy exclusive access to Beyond’s two podium platforms, which feature barbeque and dining areas as well as a yoga and meditation retreat. 
 

3. Cabana, Palm Beach 
Address: 1 Nineteenth Avenue, Palm Beach QLD 4221 
Three-bedroom apartments from $2,325,000

[smartcode_project:default project_id=84861]

Delivered by Ignite Projects, Cabana offers the best in luxury resort-style living.

The island-like oasis is located across from the recently completed Palm Beach artificial reef and includes its own private beach club.

A key feature of the development’s design, the private beach club includes day beds on and off the water, beachfront and poolside cabanas. 
 

4. Melbourne Grand, Melbourne 
Address: 560 Lonsdale Street, Melbourne VIC 3000 
One-bedroom apartments from $489,000

[smartcode_project:default project_id=3490]

With an entire tenth floor dedicated to resort-style facilities, Central Equity’s Melbourne Grand offers an outstanding living experience rising 58-storeys above the CBD.

Designed by Guildford Bell and Graham Fisher Architects, the development features an indoor pool, gym and yoga studio, residents’ lounge and 17-seat luxe theatre.

A coffee bar and banquet room also provide the ideal setting for entertaining family or friends. 
 

5. Grand Central Towers, Phillip 
Address: 15 Bowes Street, Phillip ACT 2606 
Apartment prices available at request

[smartcode_project:default project_id=7660]

Inspired by New York’s Grand Central Station, Geocon Group’s Grand Central Towers delivers a breathtaking balance of hotel-style luxury and amenity.

Designed by Cox Architecture, the project includes an infinity pool, gym, residents’ dining room, lounge and library.

A rooftop retreat with reflection pond, secure resident parking, car wash and bike workshop are among its other features.
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Mixed-use developments have become a new sector mainstay in Australia with developers increasingly combining commercial, retail, leisure and residential

Urban's top 5 apartments with 5-star hotel amenities selling in March 2021

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The freehold of the Golden Sheaf Hotel at Double Bay has been listed for sale with offers due 6 November.
The Golden Sheaf Hotel occupies a strategic underdeveloped site area totaling 1,669 square metres.
JLL and CBRE Hotels have been appointed on the property which is being offered subject to leaseback to the hotel and hospitality group, Solotel.
The hotel will be offered with a combined 40 year triple net lease to one of the Solotel Group businesses, with a straight 20 year first term and fixed annual rental growth of 3% per annum. 
The Solotel group own and or operate 17 hotels and three restaurants across the eastern seaboard.
Brice Solomon's Soletel listed the <a href="/news/nsw/12766-double-bays-sheaf-comes-with-golden-expectations" target="_blank">entire </a><a href="/news/nsw/12766-double-bays-sheaf-comes-with-golden-expectations" target="_blank">Sydney eastern suburbs watering hole with $80-million-plus hopes in 2011</a>.
The Australian Financial Review suggests $40 million plus commanding a yield in the mid 6% range.
 
The heritage-listed 1936 pub was bought for $5,327,000 in 1991. 
Its New South Head Road premises was expanded after $4.8 million was spent in 2006 with purchase of the adjacent George's restaurant from Leo Varvaritis. The refurbished hotel and rear beer garden was launched in 2009.
 
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Double Bay's Golden Sheaf Hotel returns to market as freehold only

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Melbourne based hotels dynasty, the Zagame family, has put its hotel portfolio of six properties located in Melbourne and Vanuatu with price expectations of more than $300 million.
The gaming-centric portfolio comprises five Victorian freehold going-concern hotels, generating combined revenues in excess of $94 million, with current ownership of 490 gaming machine entitlements representing an opportunity to enter the lucrative Victorian gaming sector with one of the largest gaming machine holdings and market share.
The hotels are among Victoria’s best performing gaming hotels including Zagame’s Reservoir Hotel, Zagame’s Caulfield Club (below), Zagame’s Boronia Hotel (bottom), Zagame’s Ballarat Club, and  Victoria’s number four ranked gaming venue, Zagame’s Berwick Springs Hotel. 
Also included in the sale is Vanuatu’s premier hotel and casino (top) -  the 4-star Grand Hotel &amp; Casino, offering a casino, VIP room and 74 luxury accommodation rooms.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/8/zag%20caulf.jpg" alt="">
 
Situated 10km from the airport and Port Vila’s business and entertainment precinct, the eight-level waterfront hotel offers a variety of income streams generated from its 16 table games, 136 gaming machines, accommodation and food and beverage facilities. 
CBRE Australia's Mark Wizel, whose team has been appointed with Cropley Commercial to manage the marketing campaign, said the Zagame family had been industry innovators establishing one of Australia’s most successful and respected operators.
"Victor Zagame was an innovator and leader of the Australian hotel and hospitality industry with a product that immediately captured a loyal clientele at The Albion Charles Hotel more than 46 years ago (1971) for what became the Zagame Corporation – one of the Australian hotel and service industry’s most respected and well-known businesses," Wizel said.
"The successful purchaser or purchasers will have the significant advantage of buying into that success story."
The portfolio will be offered on an individual basis, in any combination or in-one-line and is expected to generate significant interest locally and internationally.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/8/zag%20boronia.jpg" alt="">
Wizel said they are confident of attracting interest from international buyers, particularly Asia and North America.
He said Melbourne remained very much on the investment radar from a global perspective, given the economic and political stability and the consistent high levels of population growth.
Zagame Corporation director Victor Zagame Jnr said the incoming purchaser would be buying a proven business model that had grown successfully over 50 years. 
"Our venues are exceptionally well presented, our staff are leaders in the industry, and our product is second to none," Zagame said.
These successful businesses are well placed to continue to deliver substantial growth."
Cropley Commercial’s George Iliopulos, said the portfolio comprised the single largest gaming portfolio to ever hit the market in Victoria, a portfolio poised for strong trading growth.
Iliopulos said further underpinning the value of the portfolio was the Government’s recent announcement to freeze the number of poker machine numbers for the next 20 years and increasing the current machine ownership terms from 10 years to 20 years, essentially providing an incoming purchaser with 24 years absolute certainty around the existing 490 gaming machine entitlements.
  
 
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Zagame family list $300 million hotel empire

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Following its acquisition of Emporium Hotel in January, the Ovolo Hotel Group has announced Brisbane’s newest hotel will open as Ovolo The Valley in November.
Rooms at the hotel will start from $300 per night.
The project is being undertaken by the architecture firm Woods Bagot.
The Fortitude Valley location will draw guests into a "whimsical oasis of colour, art, and surprising hints of quirk", curated throughout its 103 rooms.
CEO and Chairman of the Ovolo Group, Girish Jhunjhnuwala (pictured below) says Ovolo has invested approximately $55 million.
“There are many new comers to the Brisbane hotel market, but Ovolo’s biggest point of difference is our exceptional customer service and design,” he said.
“There is an element of fantasy, escapism and play in The Valley.
"We’re positioning it as the perfect contemporary oasis to escape our busy urban lives.”
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/12/CEO%20of%20Ovolo%20Group%20.jpg" alt="">
Following on from the Ovolo Inchcolm opening last year at Spring Hill, it will be the group’s second hotel.
Woods Bagot’s Bronwyn McColl, says the design of Ovolo The Valley celebrates Fortitude Valley’s eclectic mix. 
“We started by exploring the spaces behind The Valley’s indiscernible facades and the spaces in-between and translated them into playful yet sophisticated experiences that take the Ovolo guest by surprise – including the most incredible rock star suites in honour of the late David Bowie with 1970s inspired velvet lounges and a gold bar for those who dare!” said McColl.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/12/ovolo%202.jpg" alt="">
<a href="https://ovolohotels.com.au/ovolothevalley/" target="_blank">Ovolo The Valley</a> will work by Woods Bagot in collaboration with former Brisbanite, Chloe Want from AvroKO in New York, will continue on the hotel’s standalone restaurant and bar concept to open on the ground level of the property early next year. 
Food and drink is a big part of the Ovolo Hotel Group concept, with award-winning restaurants at their other Australian properties, including; Alibi at Ovolo Woolloomooloo (Sydney) fronted by restauranteur Matthew Kenney, and Monster Kitchen &amp; Bar at Ovolo Nishi (Canberra).
The group recently opened Mister Percy at Ovolo 1888 (Sydney), a Mediterranean-style wine bar fronted by renowned chef Justin North.
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New $55 million hotel Ovolo The Valley in Brisbane to open in November

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Design studio Studio Ongarato has created four Brisbane-inspired design narratives for W Brisbane, the first 5-star hotel to open in Queensland’s capital in more than 20 years.
Studio co-founder Fabio Ongarato says that creating immersive environmental design narratives, as at W Brisbane, is an emerging trend in the hotel and hospitality space.
“Our first narrative-led hotel was for the W Hong Kong back in 2010," Ongarato says.
"Using narrative at that time was uncommon.
"It successfully injected greater vibrancy into the brand and rewrote the rulebook for narrative-led hotel design.
"It also successfully set the tone for all the W hotels since.”
Ronnen Goren, who with Ongarato has led the studio for the past 25 years, says that Studio Ongarato’s engagement with W Brisbane represents the studio’s ability to marry creative design outcomes with commercial objectives.
It comes at a time of international expansion for Studio Ongarato, with recent projects in China, Hong Kong and the Middle East.
W Brisbane is located overlooking the Brisbane River and marks the W brand’s re-entry into Australia.
Featuring 312 rooms with views over South Bank and west towards Mount Coot-tha, as well as dining, bar, pool, spa and yoga facilities, the hotel opened in June, with others scheduled to open in Melbourne and Sydney over the next two years.
W Brisbane’s overarching theme A River Dreaming, developed by Nic Graham and Associates, pays respect to the Dreaming of the Turrbal people, which sees the river as the giver of life. A great snake making its way from the mountains through floodplains to the sea. In the serpent’s wake, a thriving and unique city has risen, one with a distinctive Australian character. 
Combining brand DNA, site context and the overarching river theme allowed Studio Ongarato to come up with four sub-narratives: Native Allure, Tropical Eden, Brisvegas and Dark Paradise. 
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Studio Ongarato creates locally inspired designs for new W Brisbane hotel

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The Bondi Junction hotel leasehold has been listed for sale.
Set on the site of the former Mill Hill Hotel (pictured above), it is located within walking distance of Westfield Shopping Centre and the Bondi Junction Transport Interchange.
The allotment for the <a href="https://www.realcommercial.com.au/property-hotel+leisure-nsw-bondi+junction-502939378" target="_blank">59-69 Oxford Street, Bondi Junction</a> property (pictured below) is due for completion in 2019. 
<img src="https://www.urban.com.au/images/2018/10/24/Freehold%20BJ.JPG" alt="">
With a proposed internal floor area of 408 sqm and 10 serviced apartments located on the first floor, it is located just 4 km from Bondi Beach.
The property has been on the market for over 450 days and was listed just 5 months after the purchase was settled in early 2017.
The holding was sold for $20 million in 2017.
It is for sale through an expression of interest campaign run by HTL property.
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Leasehold hotel in Bondi Junction for sale

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The American hotel giant Hilton has picked Parramatta for a new 245-room luxury hotel, in a move harshly described by the Australian Financial Review as an "unlikely location".
Located 25 kilometres west of Sydney’s CBD, Parramatta is a major business and commercial hub and a growing destination for business events.
The new hotel will replace the former AMP building at 20 Macquarie Street, which was once the tallest building in Parramatta.
It will be demolished with construction of a 90-metre building to kick off in 2020.
There are more than 540 Hilton hotels around the world.
Western Sydney Business Chamber director David Borger welcomed the news.
“I think we’ve really arrived as a city when we have brands like Hilton considering business here,” he told The Daily Telegraph.
“It used to be that if a city had a cathedral they’re doing well, but now it’s about getting Apple or Hilton.”
Ledrae Hotels director Lionel Chang says he is thrilled to be bringing Hilton to Parramatta.
“We have owned the building on the corner of Macquarie Street and Marsden Street since 1994 and look forward to this exciting transformation,” he says.
“With Macquarie Street being the oldest and most well-known street in Parramatta, we cannot think of a better address for what will be a fantastic hotel.”
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Hilton pinpoint burgeoning Parramatta for next Australian hotel

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Melbourne's Studio Ongarato has been awarded Best Ceiling Design for Jackalope Hotel’s Doot Doot Doot at Restaurant and Bar Design Awards in London.
Creative director Fabio Ongarato said it's a tremendous honour.
“The ceiling design forms a central component in the immersive experience and thematic narrative at Jackalope.
"To have the studio’s work on Doot Doot Doot recognised by the design community internationally is a tremendous honour.”
The Prahran-based design studio were engaged to establish the Jackalope in Merricks North on the Mornington Peninsula by hotelier Louis Li.
He wanted a strong thematic framework – a vision realised through an immersive journey of dramatic statements and intimate shared experiences.
Studio Ongarato engaged Australian lighting manufacturer, Jan Flook, to bring the ceiling concept to life, in line with the narrative journey through the site and the conceptual approach to dining.
In addition to winning the ceiling category, the Installation was also shortlisted for the Best Lighting Award.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/9/doot2.jpg" alt="">
In the Doot Doot Doot restaurant, the Fermentation Installation features 10,000 incandescent globes. With sequenced programming tailored to various times of the day, the bulbs intermittently flare and fade to evoke an experience of bubbles bursting on a surface; an ode to the fermentation process in both the ancient art of alchemy and winemaking. 
The globes shift from a simple light source to a golden, textural piece of art as waves of light wash the ceiling, wrapping diners below in an amber glow. This injects the space with emotional resonance that nuanced site-specific lighting design brings.
The practical requirements to minimise the depth of the fixture and to conceal technology in the open ceiling cavity, whilst remaining true to the concept narrative, added a degree of design difficultly. 
In addition, in keeping with Australia’s energy restrictions only minimal energy consumption was allowed over the entire 81sqm, resulting in a sustainable lighting solution using LED vintage Edison globes.
 It also had to be versatile enough to allow multiple dining options below while still providing a functional warm and soft light emission.
 
 
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