This article is from the Australian Property Journal archive
Sydney’s Citigate Sebel is on the market.
The four star 270 room hotel is located near Sydney’s Central Station.
The property was recently renovated and features an indoor heated pool, sauna, gymnasium, outdoor sundeck, restaurant and undercover car parking for 125 vehicles.
The hotel is currently managed by Mirvac Hotels and Resorts but is available with vacant possession.
Selling agent Jones Lang LaSalle’s senior vice president of investment sales Mark Durran is marketing the property on behalf of its Singaporean owners.
The hotel sits on a large 2,453 sqm site offering further alternate development potential and value-add opportunities in the longer term.
By Adam Parsons
