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Colliers - Sydney

132 Bourke Street Woolloomooloo, NSW 2011

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132 Bourke Street,
Woolloomooloo, NSW 2011

Hotel, Motel & Leisure

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Floor area

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Colliers - Sydney
Charlie Gilmour
Paul Grasso
Joseph Lin

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Sydney
132 Bourke Street
Woolloomooloo, NSW 2011

Map of 132 Bourke Street

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Boutique Freehold Hostel Offering in the Tightly Held City Fringe

  • 220sqm* landholding
  • Three-storey brick building with 21 room
  • Fully refurbished
Colliers is pleased to present The Cozy M Hostel, a rare freehold hospitality asset situated in one of Sydney’s most tightly held inner-city precincts, just moments from the CBD, Kings Cross, and the iconic Finger Wharf. Recently refurbished, this three-storey property comprises 21 hostel-style rooms, shared facilities, and a rooftop terrace with panoramic city views.

Investment Highlights

+ 220sqm* landholding with 9.3m frontage to Bourke Street
+ Three-storey brick building with 21 rooms, communal kitchen and rooftop terrace
+ Previously configured as 84-bed backpacker hostel
+ Fully refurbished and fire safety compliant
+ 500m* to Kings Cross Station and 1.8km* to Sydney CBD
+ MU1 Mixed Use zoning with 2:1 FSR and 15m height limit
+ Offered with vacant possession or ongoing operation potential
+ Net income: $373,000+ p.a.*

This is an exceptional opportunity to secure a flexible and income-generating city-fringe asset with strong future value uplift potential.

*all figures are approximate

For more information, please contact the exclusive agents:

Joseph Lin | 0452 070 9...
Paul Grasso | 0434 497 7...
Charlie Gilmour | 0416 812 9...

Woolloomooloo, 2011 demographic data

3,792
Population
$2,001 per week
Median household income
39 years
Median age
Renters
Most residents
Singles
Most households

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