InterContinental Sydney Double Bay - SOLD

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Sold for 140,000,000 AUD Date of Sale: October 2017
Rooms: 140
Price Per Room: 1,000,000 AUD
Property Id : 29071

The iconic InterContinental Sydney Double Bay is a landmark trophy hotel asset situated in Australia’s most coveted hotel investment market. The Property occupies an expansive

3,674sqm freehold site in Sydney’s sought-after, harbourside precinct of Double Bay. The Hotel has a gross floor area of approximately 13,700sqm (over 147,000sq ft).

The extensively refurbished five-star Hotel offers 140 rooms & suites. Over the years the Hotel has hosted royal family members, world leaders and celebrities.

Situated in Sydney, one of Asia Pacific’s leading trading markets, the Hotel is set to benefit from a host of infrastructure investment and forecast continued growth in international visitation in the coming years.

The InterContinental Double Bay is complemented by a six-tenancy retail arcade providing over 1,700sqm NLA and 156 secure underground car spaces.

Peter Harper

Managing Director, Head of Investment Sales Australasia
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