The Clarence Hotel Sydney 193 Clarence Street 50 Room Hostel Sydney, NSW 2000 $2,798,880 ($55,978/Room)

The Clarence Hotel Sydney presents an exceptional opportunity to acquire a freehold boutique hotel asset in the heart of Sydney’s thriving CBD. This recently refurbished and reopened property features 50 elegantly designed guest rooms complemented by upscale finishes and modern amenities. Spanning seven stories with lower ground space, the hotel boasts a fully equipped gym and high-quality F&B areas designed to generate additional income streams.
Positioned between Clarence Street and Kent Street, the property offers dual access and benefits from proximity to Sydney’s premier attractions including Barangaroo, Darling Harbour, Pitt Street Mall, and the International Convention Centre. Excellent connectivity via Town Hall, Wynyard, and the nearby Sydney Metro strengthens its competitive edge.
Food and beverage components include a 150 sqm ground-floor restaurant and bar space with DA approval, and an 81 sqm lower ground speakeasy-style bar with Kent Street access, both earmarked for leases with experienced operators. This diversification strategy enhances income resilience while maintaining significant upside potential.
With robust hotel market metrics, limited new CBD hotel developments, and strong RevPAR growth, this asset offers investors a rare chance to secure a strategically located property in one of the most tightly held markets in Australia.