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Hobart’s MACq1 Hotel Sold

The Tasmanian hotel was sold to a private syndicate for approx. $50m


Key points:

  • Hobart’s luxury waterfront MACq1 Hotel sold for approx. $50m

  • 114-key hotel is currently managed by Federal Group

  • JLL Hotels brokered the deal on behalf of Vos Group


Hobart’s MACq1 Hotel has apparently sold to a syndicate of investors for approx. $50 million.


The 114-key hotel is currently managed by Federal Group, who is part of the purchasing syndicate.


JLL Hotels brokered the deal on behalf of Vos Group. JLL Hotels executive vice-president Peter Harper said MACq1 is the fifth Tasmanian sale for his agency this year, with another major Tasmanian hotel asset also under contract.