Chinese Buyer Pays $31M for Vacant Melbourne Hotel in Significant Property Deal
A China‑based operator has acquired a vacant Melbourne hotel for A$30.7 million, marking a noteworthy international investment and strengthening cross‑border hospitality asset interest.
Pratyaksha Singh 
Chinese Buyer Acquires Vacant Melbourne Hotel for A$31 Million
A China‑based operator has purchased a vacant hotel in Melbourne’s east for approximately A$30.7 million, marking a significant international investment in the city’s hospitality and real estate sector. The property, known as The Trio Hotel and located on Whitehorse Road in Box Hill, includes 128 suites, an onsite restaurant, cocktail bar, and event space capable of hosting up to 300 guests. Amenities also feature an indoor pool, gym, sauna and steam room that the new owner plans to fit out following the acquisition.
Growing Interest from Asian Investors
Industry brokers noted that strong interest from Asian investors — particularly those seeking modern hotel assets and strategic entry points into Australia’s major cities — has been a key factor in recent transactions. The buyer, described as a seasoned hotel owner and operator based in China, saw value in the flexibility offered by the vacant hotel’s layout and potential for redevelopment or operation.
Box Hill’s Strategic Appeal
Box Hill, positioned about 14 kilometres east of Melbourne’s central business district, continues to attract both property and hospitality investment due to its transport links, population growth and mixed‑use precinct development opportunities.
Conclusion
This A$31 million deal underscores ongoing international appetite for Australian hotel and hospitality assets, with Box Hill emerging as a focal point for investors seeking modern properties with strong future potential.
