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37 Ultimo Road Sydney NSW 2000

  • Development / Land
  • 1,584 m²
  • For Sale, Contact Agent

One of the Last Five (5) Remaining Freehold Island Sites Situated within the Southern Sydney CBD

  • Substantial site area of 1,584sq m*
  • Substantial existing holding income
  • Significant development uplift**

*** EOI is closed - Offers under consideration ***

Savills are pleased to exclusively present the Ultimo Hotel to market for consideration to purchase. Comprising of an existing 4 star rated, boutique hotel consisting of 95 guest rooms together with 10 retail tenancies, the property sits on a 1,584sq m* island site and offers further upside through redevelopment or repositioning.

- Significant Island development site with four (4) street frontages bound by Ultimo Road, Quay Street, Thomas Street and Thomas Lane
- 4 star rated boutique hotel, comprising of 95 hotel rooms and 10 retail shops with tenants including NAB, 7-Eleven, Karaoke bar, Bancho Bar and a few other popular F&B operators
- The site offers major redevelopment opportunities into both a residential mixed-use scheme** and a student housing mixed-use scheme** with Concept Plans having been prepared by Crone Architects
- Situated within close proximity to notable landmarks including Darling Harbour precinct, Capitol Theatre, International Convention Centre Sydney and World Square
- Less than 300 metres to the newly planned $2.5 billion Central Tech Hub which includes up to 150,000sq m office space and the new HQ of IT giant Atlassian.

For further information or to arrange an inspection, please contact the exclusive agents below.

*Approximately
**Subject to Council and Authority Approvals

Property Highlights

Property ID2016452933
Floor Area5,327 m²
Land Area1,584 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  29 Sep 2020
Map for 37 Ultimo Road Sydney NSW 2000
Map for 37 Ultimo Road Sydney NSW 200037 Ultimo Road Sydney NSW 2000
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Property Highlights

Property ID2016452933
Floor Area5,327 m²
Land Area1,584 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  29 Sep 2020
Savills Sydney
Level 25/1 Farrer Place Sydney NSW 2000

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