Radisson Hotel & Suites Sydney - SOLD

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Sold for 38,000,000 AUD Rooms: 100
Price Per Room: 380,000 AUD
Property Id : 30226

Colliers International has been exclusively retained to offer for sale the Radisson Hotel & Suites, Sydney located at 72 Liverpool Street, Sydney, New South Wales.

The Hotel, which forms part of a mixed-use development, incorporates 76 strata freehold serviced apartments, freehold interest in the lobby, restaurant & conference space and freehold interest in eight car parking spaces. The offering also incorporates leasehold interests in an additional 24 serviced apartments and a further ten leased car parking spaces.

The Property is located within Sydney’s burgeoning Western Corridor precinct in the heart of the CBD, providing easy access to public transport and multiple demand drivers including the International Convention Centre, Darling Harbour tourist precinct, prime grade commercial office and Chinatown.

The sale offers the opportunity to secure a strategic position in the tightly held Sydney Central Business District that will benefit from its close proximity to tourism demand generating infrastructure.

Gus Moors

Head of Hotels - Australia

Karen Wales

National Director, Transaction Services - Hotels Asia Pacific
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