SOLD
Sold on 17 Sep 2024 for $10,300,000

69-73 Pitt Street
Sydney NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 753m2
Land area: 228m2
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Property Details for 69-73 Pitt St, Sydney

Building Type
Commercial
Floor Size
753m2
Land Size
228m2
Local Government
Sydney
Lot/Plan
1/DP86265

Last Listing description (November 2023)

Savills & JLL, as joint exclusive agents, are pleased to present The Republic Hotel - 69-73 Pitt Street, Sydney.

Offering buyers a once in a generation acquisition opportunity, this prestigious corner hotel has significant frontage to both Pitt and Bridge Streets in the heart of the Sydney CBD core.


This iconic hotel is prominently located opposite the ASX in Sydney's CBD core and financial precinct. The property is surrounded by premium grade office buildings, 5-star hotels and numerous retail offerings with excellent transport connectivity to Sydney Harbour and its world class tourism attractions.

Asset Highlights include:
- Rare opportunity to buy prime freestanding Sydney CBD property in this price bracket
- Freehold asset with a triple street frontage along major CBD thoroughfare
- 5am trading licence and 28 GME's gaming entitlements are able to be transferred
- Alternative building uses with potential development of an additional floor (STCA)
- Potential conversion into occupied/leased office and/or retail

This is your opportunity to acquire an iconic asset in one of Australia's most prestigious cities.

The asset will be offered for sale via Private Treaty.

For further information on this exceptional opportunity, please contact the exclusive selling agents listed below.


*Approx.

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Property History for 69-73 Pitt St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$10,300,000
17 Sep 2024
  • 17 Sep 2024
    Sold for $10,300,000
  • 01 Aug 2023
    Sold for $41,800,000
  • 26 Aug 2022
    Listed for Sale Contact Agent
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About Sydney 2000

The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.

Sydney has 23,894 properties. Over the last 5 years, Houses in Sydney have seen a -31.09% decrease in median value, while Units have seen a 2.23% increase. As at 30 September 2024:

  • The median value for Houses in Sydney is $1,121,984 while the median value for Units is $1,140,454.
  • Houses have a median rent of $825 while Units have a median rent of $950.
There are currently 188 properties listed for sale, and 322 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 684 properties were sold in the past 12 months in Sydney.

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