The first major investment-grade hotel offering in Sydney in 2025. JLL’s Hotels & Hospitality Group’s Gus Moors and Andrew Langsford, together with CBRE Hotels’ Michael Simpson and Tom Gibson, have been exclusively appointed as joint agents to manage the sale of Four Points by Sheraton Sydney, Central Park, located in Sydney CBD’s major growth precinct, Tech Central.

The Hotel, which originally opened in late 2018, has recently undergone extensive capital expenditure works, including the conversion of an under-utilised conference floor into 12 new guest rooms, as well as the renovation and re-positioning of the ground floor food & beverage offering to capitalise on the area’s residential density and vibrant student population.

Four Points by Sheraton Sydney, Central Park forms part of Tech Central, Australia’s largest and most dynamic tech and innovation district. This inner-city precinct is undergoing significant redevelopment as it evolves into Sydney’s “Silicon Valley”. The government-backed technology hub next to Central Station comprises several multi-billion-dollar office projects, including listed property giants Dexus and Frasers Property’s AUD 2.5 billion Central Place Sydney, which encompasses over 140,000 sqm of office space. Furthermore, a major redevelopment adjacent to Central Railway Station, encompassing the existing YHA Central youth hostel, will see home-grown IT leader Atlassian accommodating 4,000 employees as the anchor tenant of an AUD 1 billion, 39-storey timber tower.

“The Sydney hotel market is renowned for its stability, with owners typically holding on to their assets for the long term. This reluctance to sell has created a tightly held market, especially for investment-grade properties in prime locations,” noted Gus Moors, Managing Director at JLL’s Hotels & Hospitality Group. “Given the scarcity of such listings, we anticipate strong interest from investors who recognise the unique chance to secure a foothold in one of the world's most coveted and resilient hotel markets,” Mr. Moors added.

“Four Points by Sheraton Sydney, Central Park is uniquely positioned at the heart of Tech Central, Australia's own Silicon Valley,” said Michael Simpson, Managing Director at CBRE Hotels. “This location is not just prime; it's transformative. As Tech Central continues to evolve with multi-billion-dollar developments and attract global tech giants, the hotel stands to benefit immensely from the influx of business travellers, tech professionals, and innovators.”

Andrew Langsford, Senior Vice President at JLL’s Hotels & Hospitality Group, highlighted the exceptional investment opportunity Four Points by Sheraton Sydney, Central Park presents. “Sydney is crucial to Australia's economy and tourism. Its hotel market consistently demonstrates strong long-term RevPAR growth, boasting the highest occupancy in Australia and among the strongest in Asia-Pacific. While the demand for upscale accommodation in Sydney is already robust, there remains significant potential for further growth, particularly within Tech Central. This robust demand outlook is further bolstered by limited new hotel supply in the central precinct, making this an attractive proposition for investors looking to capitalise on the city's expanding tourism and business sectors.”

Four Points by Sheraton Sydney, Central Park features 309 guest rooms, including 45 suites, together with a recently renovated bar and restaurant, fitness centre, 44 dedicated car parking spaces, and 270 sqm of conference and meeting space. “The recent renovations, paired with a forward-looking and higher-yielding rate strategy, have ideally positioned the hotel to capitalise on this burgeoning market, offering investors a rare opportunity to acquire a property at the epicentre of Sydney's tech-driven future,” commented Tom Gibson, Senior Director at CBRE Hotels.

Interested buyers are invited to participate in an International Expressions of Interest (EOI) campaign, providing a unique opportunity to acquire a landmark property in the heart of Sydney’s Tech Central growth corridor. For more information, please contact the exclusive agents listed below.