The brand‑new 72‑key Hackney Hotel has been brought to market with expectations to trade north of $30 million - a palatable and competitive entry point for a newly completed sub‑100‑key hotel. Completed in December 2025 and positioned just one kilometre from the Adelaide CBD, the hotel is already capturing strong forward demand driven by Adelaide’s booming major events calendar and sustained accommodation pressures.
The asset, which commenced trading in late 2025, is already experiencing strong booking momentum as Adelaide’s packed sporting and major events calendar continues to drive high levels of accommodation demand.
The Hackney Hotel combines a restored heritage frontage with a contemporary new-build hotel component, delivering 72 high-quality guest rooms, 44 secure basement car parks and premium finishes throughout. The asset is operated by Urban Rest under a Hotel Management Agreement structure.
Nick Lower, National Director – Hotels at Savills Australia and New Zealand, said the timing of the campaign coincides with unprecedented demand in the Adelaide hotel market.
“Adelaide’s transformation into a year-round major events city is materially impacting hotel performance. With AFL Gather Round, LIV Golf, the Adelaide Fringe, WOMADelaide, Illuminate Adelaide and a growing defence and corporate presence, we are seeing sustained demand that is translating into strong forward occupancy across the market.
“The Hackney Hotel has only just commenced trade and is already benefiting from this momentum. It represents a rare opportunity to acquire a brand-new asset with immediate operational performance in a tightly supplied market.” Mr Lower said.
Niall Kumar, Associate Director – Hotels at Savills Australia and New Zealand, said investor appetite for quality hotel assets in Adelaide remains strong.
“New hotel supply remains limited, construction costs remain elevated, and South Australia’s stamp duty exemption on commercial property materially enhances investor returns.
“This is turnkey product - completed December 2025 - with the benefit of substantial depreciation advantages and professional management under Urban Rest.” Mr Kumar said.
Rob Williamson, Director – Hotels, SA at Savills Australia and New Zealand, noted the strategic positioning of Hackney itself.
“Hackney is one of Adelaide’s most tightly held inner-eastern precincts, directly adjacent to the Botanic Gardens and CBD.
“The combination of heritage character, education demand, corporate proximity and a high-profile restaurant activation creates a compelling investment proposition.” Mr Williamson said.
The asset is being offered for sale via Private Sale, with Savills expecting strong interest from institutional, private and offshore investor groups seeking exposure to Adelaide’s accelerating hotel market.
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