Felix Hotel Sydney (Citadines Connect Sydney Airport)

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Property Id : 29039
Price: 60,590,000 AUD
Rooms: 150
Sold for 60,590,000 AUD Rooms: 150
Price Per Room: 403,933 AUD
JLL Hotels & Hospitality Group has been exclusively retained to offer for sale the Felix by 8Hotels (the “Hotel”, “Property” or “Asset”) located at 113-121 Baxter Road, Mascot.
Having opened in February 2018the Hotel showcases thoughtful contemporary design, featuring 150 guest rooms and suites along with the Penthouse – an impressive sky lobby & lounge located on top of the Hotel. This area encompasses the hotel reception, restaurant & bar, conferencing facilities and guest common areas for work & leisure, featuring Sydney’s only hotel rooftop cinema. With views of the airport, Botany Bay and greater Sydney, this area is both a refuge from the city and a place that provides connection to the journey of hotel guests and their surroundings.
The Felix is situated in a bustling commercial zone adjacent to Sydney Airport where transcontinental flights, trains and cars combine to create a vibrant and energetic hub approximately seven kilometers from the city centre. The Property is set to capitalise on its strategic proximity to Sydney Airport – Australia’s busiest airport – which catered to around 43 million passengers in the last year and is forecast to receive around 74.3 million passengers by 2033. Furthermore, the Felix offers excellent connectivity to the iconic Sydney CBD and its key tourism accommodation demand generators together with the surrounding established commercial and industrial precincts of Mascot, Alexandria, and Port Botany.
The Felix presents an opportunity for investors to acquire a property in Australia’s most coveted hotel investment market which will benefit from outstanding asset fundamentals, enviable overall market dynamics and flexibility of future management.
The Felix is being offered for sale by Expressions of Interest.
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Andrew Langsford

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