Boutique Hotel Leased to Urban Rest - 'The Sarah'
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255 Victoria Street, Darlinghurst NSW 2010

EOI

HotelSize: n/a
Block size: 114 m² approx.
Completed in 2022, 'The Sarah' is a beautifully appointed boutique hotel and ground floor café with a long-term lease to leading accommodation provider, Urban Rest.

Benefitting from its superb position directly opposite St. Vincent's Hospital precinct and with superb amenity on your doorstep, 'The Sarah' provides the perfect opportunity to invest in this tightly held precinct.

The Sarah Hotel has the following attributes:

+ Long term 8 year lease commencing May 2023 to Urban Rest with three further options of 4 years.
+ Net Income of $364,000 per annum*
+ Boutique hotel underpinned by ground floor café
+ Flexible MU1 Mixed Use Zoning
+ Premium rooftop terrace overlooking Darlinghurst & Potts Point
+ Beautifully designed and built by leading design and construction firm
Alessi Design + Built
+ Superb connectivity to Sydney's CBD, Eastern Suburbs and the wider City Fringe
+ The perfect set & forget inner city accommodation asset

Colliers offer 'The Sarah' at 255 Victoria Street, Darlinghurst for sale via Expressions of Interest closing Thursday, Thursday, 16 May at 12pm.

For further details, please contact Matt Pontey or Joseph Lin of Colliers.

*Approximately

Inspections

No open inspections scheduled.

Send an enquiry

Contact Matt Pontey to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Hotel
Block Size:
114 *

Other Details

Lot:
1
Plan Type:
DP
Plan:
1277910
Legal description:
1/1277910
Colliers International - Sydney

Maps and area information

Block information
Block size: 114 (approx)
Legal description: 1/1277910
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
21 May 2018
Sold
$1,750,000
Contract: 06/12/2017
Transfer: 21/05/2018
Block size: 113m²
Transfer type: Full transfer
Purpose: Residence
14 May 2018
Sold
Raine & Horne Commercial Inner West/South Sydney
Listed: 24/04/2017
Block size: 114m²
Transfer type: Full transfer

Darlinghurst suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
10,615
Listing ID: 182447932. This listing has been viewed 0 times. It was first displayed on 15/04/2024 and last updated on 18/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.