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59 Bayswater Rd 9 Room Hotel Rushcutters Bay, NSW 2011 $5,804,559 CAD ($644,951 CAD/Room)
Investment Highlights
- Established boutique hotel with over 40 years of continuous operation and strong occupancy history.
- Favorable planning controls with 3:1 FSR and 27-meter height limit, subject to council approval.
- MU1 mixed-use zoning supports diverse redevelopment options including residential, retail, or hospitality.
- Prime location in a vibrant inner-city precinct with excellent transport connectivity and strong tourism fundamentals.
Executive Summary
Hotel 59 offers a rare opportunity to acquire a long-standing boutique hotel in one of Sydney’s most vibrant inner-city precincts. Operating successfully for over 40 years, this nine-room property combines a proven income stream with significant redevelopment potential. The asset benefits from MU1 mixed-use zoning, allowing for a variety of future uses including residential, retail, or continued hospitality operations. Favorable planning controls, including an FSR of 3:1 and a 27-meter height limit, provide scope for vertical expansion or complete redevelopment, subject to council approval.
The property currently generates dual income from both the hotel and an on-site café, with potential annual revenue of approximately $393,640 based on an 80% occupancy rate. Positioned in a high-demand tourist and lifestyle hub, the location offers excellent connectivity to Sydney’s CBD, major transport links, and popular attractions. This offering is well-suited for investors, developers, or accommodation operators seeking a flexible asset with multiple future pathways.
The property currently generates dual income from both the hotel and an on-site café, with potential annual revenue of approximately $393,640 based on an 80% occupancy rate. Positioned in a high-demand tourist and lifestyle hub, the location offers excellent connectivity to Sydney’s CBD, major transport links, and popular attractions. This offering is well-suited for investors, developers, or accommodation operators seeking a flexible asset with multiple future pathways.
Property Facts
| Price | $5,804,559 CAD | Building Class | C |
| Price Per Room | $644,951 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 3,617 SF |
| Property Type | Hospitality | No. Rooms | 9 |
| Property Subtype | Hotel | No. Stories | 3 |
| Price | $5,804,559 CAD |
| Price Per Room | $644,951 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,617 SF |
| No. Rooms | 9 |
| No. Stories | 3 |
Amenities
- Restaurant
- On-Site Retail
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 9 | - | - |
1 1
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59 Bayswater Rd
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