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. Freehold ownership of a highly prominent, iconic heritage hotel asset in Sydney.
2. Positioned as Australia’s first 25Hours Hotel, offering a unique branded USP.
3. 109 rooms and suites across four levels, providing mid-sized scale and room inventory.
4. Modern, highly efficient new build construction, implying operational efficiencies.
5. Four best-in-class hospitality venues, three operated by internationally recognised Studio Paskin, enhancing F&B reputation.
6. 340+ sqm of multi-function event space with outdoor terrace, maximum capacity 193 pax, supporting MICE and private events revenue.
7. Operated under a Hotel Management Agreement with Ennismore, supplying international brand management and systems.
8. Exceptional depreciation tax benefits and no medium-term capital expenditure forecast, supporting strong cashflow profile.
9. Located to capture major demand drivers, notably the St Vincent’s hospital precinct and the Moore Park sporting and events precinct.
10. Market with limited competition, suggesting strong local demand dynamics and opportunity for premium rates.
11. Combination of heritage character and contemporary design, offering distinct guest differentiation.
