Paddington, New South Wales
Australia's first 25Hours Hotel | A New Sydney Icon
International EOI Closing Wednesday, 26th November
Business Description
- A highly prominent and iconic freehold heritage hotel
- 109 rooms & suites across four levels
- Highly efficient and modern new build
- Four best-in-class hospitality venues, with 3 overseen by world renowned hospitality group, Studio Paskin.
- 340+ sqm of multi-function event space including outdoor terrace (193 pax)
- Exceptional depreciation benefits with no medium term capex forecast
- Servicing a market with limited competition and major demand drivers (St Vincent’s hospital precinct and the Moore Park sporting and events precinct)
- Operated as a 25hours Hotel under HMA with Ennismore.
Business Summary
Key Investment Insights
1. Iconic freehold heritage hotel, positioned as Australia’s first 25Hours Hotel, offering asset ownership plus operating business.
2. 109 rooms and suites across four levels, providing a sizeable accommodation inventory for multiple market segments.
3. Highly efficient, modern new build design, implying lower operating costs and contemporary guest appeal.
4. Four best-in-class hospitality venues, with three venues curated and overseen by world‑renowned Studio Paskin, enhancing F&B and experiential revenue potential.
5. Operated under a Hotel Management Agreement with Ennismore, leveraging an established international lifestyle brand and management expertise.
6. 340+ sqm multi-function event space including outdoor terrace, licensed for 193 pax, supporting strong MICE and events revenue streams.
7. Exceptional depreciation benefits, improving near-term cash flow and tax position for owners.
8. No medium-term capex forecast, indicating forecasted capital expenditure stability and reduced near-term capital calls.
9. Highly prominent and iconic site, delivering strong brand visibility and street presence.
10. Strategic demand drivers nearby, including St Vincent’s hospital precinct and the Moore Park sporting and events precinct, with limited local competition, supporting sustained occupancy and F&B demand.
