Prominent Melbourne CBD Freehold Boutique Hotel Investment Opportunity
277-287 King Street, Melbourne VIC 3000
By Negotiation
HotelSize: n/a
Block size: 452 m² approx.
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.
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.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Mark Durran to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Hotel
Block Size:
452 m²*
Other Details
Lot:
1
Plan:
TP401739
Legal description:
1\TP401739
Maps and area information
Block information
Block size: 452m² (approx)
Legal description: 1\TP401739
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
29 years
Population
54,941
Listing ID: 181952638. This listing has been viewed 3 times. It was first displayed on 25/09/2023 and last updated on 08/03/2024.
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.