NSW Commercial Property News

A coterie of cashed-up Sydney property investors including Phil Wolanski and David Baffsky are cashing in on the looming start of the travel upsurge, listing The Rydges Sydney Airport Hotel for sale in what could shape as the year’s single biggest transaction. About $270m is expected for the 318-room hotel, which is being sold as a vacant possession by CBRE Hotels’ Wayne Bunz and JLL’s Mark Durran.

At this epic $35m Southern Highlands property it’s the horses who are living the dream, with their own spa, gym and hyperbaric chamber.

The North Ryde compound of the CSIRO is set for a new chapter after nearly 60 years, with the 6.56ha site on the market with an eye-watering price tag.

A major Parramatta office tower leased to the Australian Government has hit the market, where it is expected to sell for an eye-watering sum.

One of the country’s leading medicinal cannabis companies is moving its Sydney headquarters to Byron Bay, closer to crops.

The pace of deals on office buildings is picking up, with two deals struck by international buyers on properties worth more than $220 million in total.

Hospitality industry entrepreneur Peter Metzner has bought the former La Strada premises in Potts Point.

Olivia Newton-John is selling her wellness retreat in Byron Bay, saying the time has come to “pass the baton” to new owners.

Opportunity knocks for the likes of pub barons Jerry Schwarz or Justin Hemmes, with yet another favourite Sydney watering hole set to hit the market.