Superbly located in cosmopolitan Potts Point and just two kilometres from the Sydney CBD, the Diamant Hotel is one of the most highly regarded and awarded boutique hotels not only in this key gateway city, but also Australia.
The recently refurbished four star hotel features 76 guest rooms along with two meeting rooms which all present a modern and contemporary decor. The Hotel is also entitled to use eight car spaces and a storeroom. the three retail lots include a basement, ground floor restaurant and mezzanine level gymnasium which offer a range of value-add opportunities.
The Diamant Hotel is currently operated by 8Hotels, Australia’s leading boutique hotel management company under the terms of a lease. Vacant possession is however attainable upon sale.
Since opening in 2007, the Hotel has attracted a well balanced mix of corporate and leisure guests. Consequently, it has consistently been one of the best performers in its competitive set, achieving high average daily rates and occupancy levels as well as an equally strong bottom line. following the recent extensive refurbishment of the entire guest room inventory, the Hotel is set to continue this strong trading performance over the coming years.
As the commerce and tourism hub of Australia, underpinned by strong accommodation demand and a limited new hotel supply pipeline, Sydney is one of the most tightly held and sought after hotel markets in the Asia Pacific. the sale of this asset therefore presents the unique opportunity to acquire a presence in this globally renowned destination.