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2 Cunningham St - APX World Square Sydney 548 - 624 SF Office Condo Units Offered at $384,846 Per Unit in Sydney, NSW 2000



Investment Highlights
- Central Sydney CBD location near Museum Station & Town Hall Station
- Integrated with professional building and hotel management
- Close to retail, dining, and entertainment precincts
Executive Summary
2 Cunningham Street is a strata-titled building located in Sydney’s central business district. The development houses a mix of hospitality-focused and potentially serviced apartment facilities, supported by professional building management and secure strata arrangements. Amenities in the complex cater to hotel operations and short-stay accommodation, with proximity to Sydney’s retail, dining, and corporate hubs. The site benefits from easy access to transport connections including Town Hall and Museum train stations, major arterial routes, and pedestrian links to Darling Harbour and Hyde Park. The building’s city-fringe position places it within walking distance of entertainment venues, commercial offices, and cultural landmarks, making it a desirable location for inbound visitors and business travelers.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 402/SP81141 |
| Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| APN/Parcel ID | 402/SP81141 |
The property is fully managed, requiring no active involvement from the owner, making it an ideal hands-off investment. Positioned within a thriving hospitality precinct, the suite benefits from longstanding occupancy by the same tenant since 2010, ensuring proven operational success. Office unit 402 presents an attractive proposition for investors targeting exposure to one of Sydney CBD’s most established and high-demand locations. This opportunity delivers both immediate income and ongoing predictability within a globally recognized gateway city.
| Sale Type | Investment | APN/Parcel ID | 403/SP81141 |
| Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| APN/Parcel ID | 403/SP81141 |
The suite is designed for modern guest accommodation, featuring an open-plan bedroom and living zone, private bathroom, and integrated furnishings. Situated on an upper floor of a professionally managed property, the unit ensures minimal involvement for investors and benefits from access to on-site hotel amenities. Located steps away from Hyde Park, Museum Station, and Sydney’s premier retail and entertainment hubs, this property combines strong rental performance with exceptional positioning in one of Australia’s most desirable metropolitan markets. Entry pricing from around $550,000 further enhances its appeal for those seeking secure, hands-off income within a globally connected city center.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 402 | 548 SF | Office | $384,846 ($702.27/SF) | $23,090.76 |
| Unit 403 | 624 SF | Office | $384,846 ($616.74/SF) | $23,090.76 |
Unit 402
| Unit Size |
| 548 SF |
| Condo Use |
| Office |
| Price |
| $384,846 ($702.27/SF) |
| NOI |
| $23,090.76 |
Unit 403
| Unit Size |
| 624 SF |
| Condo Use |
| Office |
| Price |
| $384,846 ($616.74/SF) |
| NOI |
| $23,090.76 |
Unit 402
| Unit Size | 548 SF |
| Condo Use | Office |
| Price | $384,846 ($702.27/SF) |
| NOI | $23,090.76 |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| APN/Parcel ID | 402/SP81141 |
| Description | |
| Unit 402 is a strata-titled hotel investment suite located within a managed hospitality complex in the Sydney CBD. The unit has been designed for efficient guest accommodation and is maintained under a professionally managed hotel operation. It includes an open-plan bedroom and living area with integrated furnishings, a private bathroom, and climate control, all adhering to modern hotel standards. The suite is fully managed by an established operator under a long-term lease, ensuring consistency in maintenance and presentation without owner involvement. Positioned on an upper level of the building, the unit benefits from access to the building’s hotel facilities, which may include reception, common areas, and guest services. Its location places occupants within steps of Sydney’s retail, dining, and entertainment precincts, creating an attractive setting for ongoing hospitality demand and supporting the unit’s investment stability.</li></ul> | |
| Sale Notes | |
| An exceptional investment opportunity is available in the heart of Sydney’s CBD, offering secure returns and minimal management requirements. Office unit 402 at 2 Cunningham Street is being sold with a long-term lease to an experienced hotel operator, providing a strong approximate net return of 6% per annum. With consistent income and annual fixed increases, this asset offers reliability and growth potential for investors seeking stability in a premium urban market.<br> The property is fully managed, requiring no active involvement from the owner, making it an ideal hands-off investment. Positioned within a thriving hospitality precinct, the suite benefits from longstanding occupancy by the same tenant since 2010, ensuring proven operational success. Office unit 402 presents an attractive proposition for investors targeting exposure to one of Sydney CBD’s most established and high-demand locations. This opportunity delivers both immediate income and ongoing predictability within a globally recognized gateway city.</li></ul> |
Unit 403
| Unit Size | 624 SF |
| Condo Use | Office |
| Price | $384,846 ($616.74/SF) |
| NOI | $23,090.76 |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| APN/Parcel ID | 403/SP81141 |
| Description | |
| Unit 403 is a strata-titled hotel investment suite with 51 square meters, located within a managed hospitality complex in the Sydney CBD. The unit has been designed for efficient guest accommodation and is maintained under a professionally managed hotel operation. It includes an open-plan bedroom and living area with integrated furnishings, a private bathroom, and climate control, all adhering to modern hotel standards. The suite is fully managed by an established operator under a long-term lease, ensuring consistency in maintenance and presentation without owner involvement. Positioned on an upper level of the building, the unit benefits from access to the building’s hotel facilities, which may include reception, common areas, and guest services. Its location places occupants within steps of Sydney’s retail, dining, and entertainment precincts, creating an attractive setting for ongoing hospitality demand and supporting the unit’s investment stability.</li></ul> | |
| Sale Notes | |
| Presenting a rare opportunity to secure a fully managed hotel investment suite in the heart of Sydney’s CBD, Unit 403 at 2 Cunningham Street offers approximately 51 sqm of internal area under a long-term lease to an established hotel operator. This investment delivers an attractive approximate 6% net return with annual fixed increases and consistent income backed by a proven hospitality tenant in place since 2010.<br> The suite is designed for modern guest accommodation, featuring an open-plan bedroom and living zone, private bathroom, and integrated furnishings. Situated on an upper floor of a professionally managed property, the unit ensures minimal involvement for investors and benefits from access to on-site hotel amenities. Located steps away from Hyde Park, Museum Station, and Sydney’s premier retail and entertainment hubs, this property combines strong rental performance with exceptional positioning in one of Australia’s most desirable metropolitan markets. Entry pricing from around $550,000 further enhances its appeal for those seeking secure, hands-off income within a globally connected city center.</li></ul> |
Property Facts
| Total Building Size | 29,655 SF | Floors | 8 |
| Property Type | Hospitality | Typical Floor Size | 3,703 SF |
| Property Subtype | Hotel | Year Built | 2006 |
| Building Class | B | Lot Size | 0.24 AC |
| Total Building Size | 29,655 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 3,703 SF |
| Year Built | 2006 |
| Lot Size | 0.24 AC |
Amenities
- Balcony
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 73 | $244.20 | 75 |
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2 Cunningham St - APX World Square Sydney
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