SYDNEY HARBOUR MARRIOTT


Website : https://www.marriott.com/en-us/hotels/sydmc-sydney-harbour-marriott-hotel-at-circular-quay/overview/
Address/Location : 30 Pitt Street, Sydney, New South Wales 2000, Australia.
Property description : 33-storey hotel building with central atrium comprising 595 rooms including 3 levels of basement with car parking bays.
Property type : Hotel
Age : Approximately 36 years
Title details : Lot 1 in Deposited Plan 804285 in the Local Government Area of Sydney, Parish of St James and County of Cumberland.
Encumbrances/Limitation in title/ interest : The property is charged to secure financing and there is no restriction attached to the title.
Status of holdings : Freehold
Existing use : Commercial building
Parking spaces : Approximately 45 bays
Average occupancy rate : 87.76%
Date of acquisition : 29 November 2012
Cost of acquisition (including incidentals) : AUD264,618,000
Fair value adjustments for the financial year : AUD27,205,000 or RM77,219,000
Market value : AUD520,000,000
Date of latest valuation : 31 May 2025
Independent valuer : Savills Valuations Pty Ltd
Net book value : RM1,429,960,000