1 Hosking Place, Sydney (Former Adina Martin Place)

Your search results
Property Id : 31679
Price: 26,000,000 AUD
Rooms: 49
Land Tenure: Stratum Freehold (100% Ownership of Hotel Site)
Year Opened: 1998
Management: Vacant Possession
Sold for 26,000,000 AUD Rooms: 49
Price Per Room: 530,612 AUD

CBRE Hotels is proud to have sold 1 Hosking Place – a 49-key serviced apartment hotel with vacant possession located at the very core of Sydney’s CBD.

Formerly operated as the Adina Martin Place, the Hotel occupies a highly strategic laneway location between Pitt and Castlereagh Streets, within steps of Martin Place and numerous corporate and leisure demand generators, including Duetsche Bank Place, Chifley Tower, Pitt Street Mall and Circular Quay.

The Hotel was offered for sale in-one-line, with all 49 units forming the freehold stratum of 1 Hosking Place. The Property features strong trading history reflecting an average occupancy above 91% and provides a high margin cash-flow asset with no general food and beverage amenity. Rooms are generously sized at an average of 55 square metres, which include a mix of 42 one- bedroom units and 7 studio apartments – most with balconies.

Offered with vacant possession.

Other Features
Gymnasium
click to enable zoom
loading...
We didn't find any results
open map
View Roadmap Satellite Hybrid Terrain My Location Fullscreen Prev Next

Tom Gibson

Director, Capital Markets
View Phone Number

Latest Sold Hotels

Sold By

Faarufushi Maldives

Contact agents below for further details
JLL Hotels & Hospitality Group is pleased to announce the sale of Faarufushi Maldives [more]
JLL Hotels & Hospitality Group is pleased to announce the sale of Faarufushi Maldives located in Raa Atoll, Rep [more]
80details

Sale Date: October 2021
Sold By

Gaia Retreat & Spa

Contact agents below for further details
Colliers is proud to announce the sale of Gaia Retreat & Spa located in the Byron Bay [more]
Colliers is proud to announce the sale of Gaia Retreat & Spa located in the Byron Bay hinterland. AUSTRALIA’S M [more]
22details

Sale Date: October 2021
Sold By

Rydges Bankstown

28,000,000 AUD
233,333 AUD per room
Colliers is pleased to offer for sale Rydges Bankstown, located at 874 Hume Highway, in th [more]
Colliers is pleased to offer for sale Rydges Bankstown, located at 874 Hume Highway, in the Sydney suburb of Bass H [more]
120details

Sale Date: October 2021
Sold By

Best Western Gregory Terrace, Brisbane

4,500,000 AUD
118,421 AUD per room
CBRE Hotels are pleased to announce the sale of the Best Western Gregory Terrace, Brisbane [more]
CBRE Hotels are pleased to announce the sale of the Best Western Gregory Terrace, Brisbane. The property includes t [more]
38details

Sale Date: September 2021
  • View Agency and Hotel Broker Profiles

Tom Gibson

Compare Listings