412 Pitt StreetHaymarket NSW 2000
Property Details for 412 Pitt St, Haymarket
Last Listing description (June 2015)
CBRE Hotels has been exclusively retained to market for sale the Westend Hotel, Sydney.
Currently operated under management as a backpacker hotel, the property features:
Sydney freehold hotel with vacant possession potential
Southern CBD location, close to Central Station, World Square, UTS University
Strong consistent income with scope for improvement
Huge scope for refurbishment, repositioning, revenue enhancement
Rare opportunity to secure a Sydney CBD freehold accommodation asset with VP
For Sale by Expressions of Interest closing on Thursday 12th March 2015.
To obtain further information, please contact:
Andrew Jackson
CBRE Hotels
+61 405 355 972
andrew.jackson@cbre.com.au
Rob Cross
CBRE Hotels
+61 408 418 306
rob.cross@cbre.com.au
Property History for 412 Pitt St, Haymarket, NSW 2000
- 23 Sep 2015Listed for Rent - Price not available
- 07 May 2015Sold for $18,600,000
- 05 Feb 2015Listed for Sale Not Disclosed
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About Haymarket 2000
The size of Haymarket is approximately 0.5 square kilometres. There are 3 parks, covering nearly 8.3% of the total area. The population of Haymarket in 2016 was 7353 people. By 2021 the population was 8305 showing a population growth of 13.0% in the area during that time. The predominant age group in Haymarket is 20-29 years. Households in Haymarket are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Haymarket work in a professional occupation.In 2021, 19.80% of the homes in Haymarket were owner-occupied compared with 25.10% in 2016.
Haymarket has 6,238 properties. Over the last 5 years, Houses in Haymarket have seen a -25.22% decrease in median value, while Units have seen a -5.95% decrease. As at 31 July 2026:
- The median value for Houses in Haymarket is $1,353,727 while the median value for Units is $1,033,230.
- Units have a median rent of $1,250.
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