Properties

Mercure Perth

  • Property Details
  • Overview
Property Details [  –  ]
Number of Guest Rooms 239
Number of F&B Outlets Three outlets comprising Beccaria Bar, Beccaria Restaurant and Cucina on Hay
Banquet/Conference/Meeting facilities Dedicated conference floor on Level 1 providing facilities for up to 350 delegates with six function rooms, heated rooftop swimming pool, spa, and gym
Car park facilities 32 car park lots
Land area 757 sq m
Gross floor area 22,419 sq m
Title Strata Freehold
Purchase price at 18 February 2010 A$36.2 million
Valuation (1) as at 31 December 2021 A$45.0 million
Hotel Management Agreement Details [  –  ]
Operator AAPC Properties Pty Limited
Term of Hotel Management Agreement 10 years from 1 May 2021, expiring 30 Apr 2031, with options to renew for two terms of five years each (subject to mutual agreement of the parties)
FY 2021 Key Financials [  –  ]
Gross revenue S$4.5 million (2)
(A$4.5 million)
Net property income S$1.0 million (2)
(A$0.9 million)
Average occupancy rate 43.6%
  • (1)The property was valued by CIVAS (NSW) Pty Ltd (trading as Colliers International) using a combination of the Capitalisation and Discounted Cash Flow approaches.
  • (2)Based on the average exchange rate of A$1.00 = S$1.0097.

10 Irwin Street, Perth

  • Guest Room

    239
    Guest Rooms

  • Land Area

    757 sq m
    Land Area

Mercure Perth is strategically located in the heart of Perth city, just a short stroll from the Swan River, Perth Mint and Supreme Court Gardens, amongst many of Perth's attractions.

Mercure Perth features 239 well-appointed rooms, along with three F&B outlets comprising Beccaria Bar, Beccaria Restaurant and Cucina on Hay. The property has a large heated rooftop swimming pool, modern refurbished pool deck area, spa, and spacious gym. The hotel completed a soft-refurbishment on its rooms in 2017, which transformed the guest room interiors with a vibrant and colourful new design. Business guests are also well catered for at this hotel with a number of meeting rooms available, which feature natural light and modern AV technology, accommodating up to 350 delegates. The hotel was awarded Gold Planet 21 rating in 2015 for its sustainability efforts.

Mercure Perth is certified to be fully compliant with ALLSAFE, Accor's enhanced health and safety protocols.

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