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277-287 King Street
Melbourne VIC 3000
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Savills Sydney

277-287 King Street Melbourne VIC 3000

  • Hotel, Motel, Pub & Leisure
  • 3,150 m²
  • Expressions of Interest

Prominent Melbourne CBD Freehold Boutique Hotel Investment Opportunity

  • Unrivalled CBD Location
  • 97 Guest Rooms
  • Bar, Restaurant, and Function Facilities

Hotel Sophia offers an incoming investor the ability to acquire a rare freehold hotel in the heart of the Melbourne CBD with outstanding value-add opportunities to:

Capitalise on Melbourne's tourism rebound;
Reposition and/or rebrand the hotel for ADR growth;
Explore development potential and/or more
comprehensive conversion of use.

Hotel Sophia is a seven-level hotel, with the top three levels newly constructed. The hotel offers dual frontages in a prominent corner position, with foyer and reception area located on the ground floor along with a large breakfast/dining room and the hotel's Golden Age Bar and Restaurant.

The hotel is located in a prime position on the corner of King and Little Lonsdale streets in the heart of Melbourne's West End, offering easy access to Melbourne's key demand generators including Marvel Stadium. The central location provides immediate proximity to transport options including the central Southern Cross Train Station, trams, and convenient access to the airport.

The property is notably being offered with vacant possession for sale via Expressions of Interest closing Tuesday 17th of October at 4pm AEDT.

For further information on this offering, please do not hesitate to contact the exclusive sales agents.

EXPRESSION OF INTEREST

Closing date and time17/10/2023 16:00
Recipient nameAsk Agent
Delivery addressExpressions of Interest

Property Highlights

Floor Area3,150 m²
Land Area452 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2018791405
Category
Last updated  25 Sep 2023
Map for 277-287 King Street Melbourne VIC 3000

Property Highlights

Floor Area3,150 m²
Land Area452 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2018791405
Category
Last updated  25 Sep 2023
Level 25/1 Farrer Place Sydney NSW 2000

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