RARE OPPORTUNITY TO ACQUIRE A ONCE IN A GENERATION ASSET

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Property Id : 31984
Price: Expressions of Interest
Land Size: 1,825 m2
Rooms: 176

Colliers have been exclusively retained to offer for sale Rydges Sydney Harbour, located at 55 George Street in The Rocks, Sydney.

Rydges Sydney Harbour is an exceptionally located hotel in Sydney Harbour’s prized “dress circle” and one of only five hotels in the historic Rocks precinct, the oldest part of Sydney. The Hotel’s unique position ensures that it captures a broad variety of demand through its proximity to Sydney Harbour, Circular Quay, the Opera House and the major commercial towers in the city core, as well as the Walsh Bay Arts Precinct.

The Hotel features 176 well-appointed rooms and suites, with views overlooking Sydney Harbour, the Rocks or Sydney’s skyline. The rooftop swimming pool and event space is a key selling feature of the Hotel, given its panoramic views of Sydney Harbour. This rooftop “hero shot” captures global interest in the Property, cementing its enviable status in the Sydney hotel market.

The Hotel occupies two buildings over six and eight floors within a heritage facade, resplendent of the historic location. There is an immediate sense of arrival upon entering the Hotel, with its imposing atrium lobby flooded with natural light from the glass skylight roof. A spiral staircase leads guests to the Level 1 restaurant, which then spills onto Playfair Street at the rear of the Hotel. Two ground floor, George Street facing tenancies straddle the entrance and provide future re-positioning options to further activate the food and beverage offering at the Hotel.

This sale represents the perfect combination of a highly profitable, income generating business with value-add repositioning opportunities in an irreplaceable Sydney city location.

The property is being offered for sale by Expressions of Interest closing Thursday 11th November at 12pm AEDT.

For further information, please contact the exclusive agents.

Other Features
Car park
Conference and meeting spaces

Gus Moors

Head of Hotels - Australia

Karen Wales

National Director, Transaction Services - Hotels Asia Pacific
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