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Spicers Retreats reveals new hotel


Spicers Retreats Managing Director, David Assef revealed at today's No Vacancy Conference that Spicers Retreats would be expanding their portfolio into Sydney, following the recent acquisition of a property in Potts Point.

It's believed Graham "Skroo" & Jude Turner, owners of Spicers Group recently purchased the 25 room Victoria Court Hotel in Potts Point for $5.9m.

The group currently own seven boutique hotels, six in Queensland and one in NSW's Hunter Valley.

It is understood that the Tuner's have plans to re-develop the two adjoining heritage terraces into a boutique hotel & nearby restaurant space to fall in line with the high-end Spicers Group brand.

More information on the sale by CBRE is available here.


 Image credit: AFR


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