New Hotel Vibe Darling Harbour Sydney goes on the market

The new Hotel Vibe Darling Harbour Sydney has been put on the market.

Located at 319-325 Sussex Street and scheduled to open this September, the 4.5-star hotel features 145 rooms, together with ‘The Sussex Store’ restaurant, ‘Above 319’ rooftop bar, and heated swimming pool.

The guest rooms will feature an array of New York-inspired amenities including curved rainfall showers, embedded window day lounges and retro bathroom fixtures.

“Situated between the CBD core and Darling Harbour, the Property is set to capitalise on its strategic location and proximity to the majority of the city’s world-class tourism attractions, accommodation demand generators and tourism infrastructure investment, such as Darling Harbour, CBD Light Rail and ICC Sydney” said Andrew Langsford, senior vice president of JLL Hotels and Hospitality Group, who is managing the sale.

The hotel was designed by award-winning architecture firm WMK and developed by Sydney based Icon Oceania.

“Vibe Darling Harbour presents a brand new hotel, in an asset class where opportunities are few and far between,” said Icon Oceania director Nico Tjen.

“We identified Darling Harbour precinct as an area of further growth due to the significant public and private investment pipeline over the coming years. The hotel was designed with excellence in mind and will make a lasting impression on the Sydney accommodation sector.

“The venue includes two amazing F&B outlets, The Sussex Store Restaurant and Above 319 rooftop bar. Above 319 is a fun and playful venue to socialise, interact and soak up the sights and sounds that Sydney has to offer.”

The hotel will be operated under a management agreement with TFE Hotels.

The Vibe Hotel Darling Harbour is being offered for sale via Expressions of Interest closing 12 September 2019.

Sheridan Randall - 12-08-19