CBRE Hotels has been retained as exclusive agents in relation to the sale of the Westend Hotel, Sydney. This is a rare opportunity to acquire a quality mid-market hotel in the Sydney CBD, the number one hotel investment destination in Australia. The Westend Hotel is a mid-scale offering, with 86 guest rooms and currently operating as a popular 359-bed backpacker accommodation hotel under management to Nomads World Hotels Pty Ltd. Vacant Possession is also available.
Located at the southern end of the CBD, the property is a short walk from the bustling Haymarket / Chinatown hub, along with Central Station and World Square – and a 5 minute walk from Sydney’s CBD and a range of major entertainment, corporate and shopping districts.