Asset Value
$30 million
Development Approval
December 2013
Construction Commencement
November 2014
Construction Completion
May 2016
Heritage Architect
Griffiths Architects
Façade
Matthews & Scavalli
Anchor Tenants
IHG
ADC acquired 1309 Hay Street in West Perth in 2013 in just three years delivered the Sage Hotel and accompanying Julio’s Restaurant.
The ADC team oversaw all aspects of development including the conversion and adaptive re-use of the 1903 built heritage house to a restaurant and bar, with construction of a 13-level building comprising 101 four star hotel rooms with gymnasium and large lobby, seamlessly integrated with the site’s heritage fabric and the surrounding neighbourhood.
The asset was initially leased to Singapore-based international hotel operators Next Story Hotel Group under a ten-year term, as Sage Hotel. In November 2021, the hotel was re-branded Holiday Inn West Perth, under new management with IHG Hotels & Resorts for a 20-year initial term and two five-year extensions. It is the second hotel under the Holiday Inn brand in Perth and the 42nd within the Australasia and Pacific region. ADC manages the asset on behalf of its Unit Trust.
Level 1, 29 Napoleon St
Cottesloe WA 6011
PO Box 414
Cottesloe WA 6011
Sign up to receive our quarterly
Future Foundations newsletter
ADC acknowledges the past, present and future Traditional Custodians of the land upon which we sit. We pay our respects to their Elders, past and present.
AFSL 360011
ADC acknowledges the past, present and future Traditional Custodians of the land upon which we sit. We pay our respects to their Elders, past and present