Melbourne boutique hotel changes hands for AUS$13 million

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The Albany and Bloomfield boutique hotel, in the Melbourne suburb of South Yarra, has been sold for a figure in the region of AUS$13 million.

It is thought the hotel has been bought by Paul Holyoake, executive chairman of IT consultants Oakton. Vendor KordaMentha, in the form of company director Sally Bloomfield and shareholder Ian Robinson, appointed CBRE’s Mark Wizel and Scott Orchard to market the property in conjunction with Kay & Burton’s Michael Gibson and Nicole Gleeson.

The site has 81 rooms, restaurant and bar, 24 car bays and a roof top pool. It was marketed as having “suitable use as a low-density prestige quality development with potential refurbishment of the historic mansion and subdivision”. The Bloomfield Hotel was originally an 1890s mansion owned by a businessman who imported panama hats, it was later bought by Robertson, who pioneered the Q-Bars of Adelaide, Melbourne and Sydney, and has a background in architecture, including retrofitting 1960s hotels in the US. The Albany Hotel and apartments were added in the 1950s and 1960s.

In 2010 it was reported by The Weekly Review that the Robertson and Bloomfield were changing their lifestyle deciding to pursue hotel interests in Bali.

www.bloomfieldgroup.com.au

23/04/12

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