275 Pitt StreetSydney NSW 2000
Property Details for 275 Pitt St, Sydney
Last Listing description (May 2026)
EXPRESSION OF INTEREST | Closing: 14 May 2026, 4PM
• Ultra rare entry-level CBD leasehold with compelling upside via repositioning
• High cash flow business generating ~$8,000,000 per annum across bar, food, gaming, wagering etc.
• Has been under the same ownership and operation for the last 26* years
• 21 x gaming machines - ranked #447 for the Dec-25 quarter
• Surrounded by numerous strong performing gaming rooms including the Criterion Hotel (#116), Hotel Coronation (#136), M Bar (#461) , Edinburgh Castle Hotel (#496), etc
• 15 x GME owned by Landlord + 6 x GME** owned by the Tenant (included in the sale)
• Large and expansive trading footprint across multiple levels with patron capacity ~900*
• Recent $3 million* renovation and refurbishment undertaken on both the ground and first floor
• Underutilised 24 hour Hotel Licence
• Strategically positioned within the Galleries Shopping Centre Precinct - a lifestyle and cultural destination for fashion, art & dining
• Surrounded by numerous commercial office towers, retail shopping centres, accommodation hotels and public transport
*Approx.
** 6 x GME included in the sale
Property History for 275 Pitt St, Sydney, NSW 2000
- 21 May 2026Sold
- 22 Apr 2026Listed for Sale Contact Agent
- 05 Nov 2021Sold for $149,900,000
Recent sales nearby
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About Sydney 2000
The size of Sydney is approximately 3.0 square kilometres. There are 16 parks, covering nearly 33.5% of the total area. The population of Sydney in 2016 was 17252 people. By 2021 the population was 16667 showing a population decline of 3.4% 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 over $4000 per month on mortgage repayments. In general, people in Sydney work in a professional occupation.In 2021, 24.20% of the homes in Sydney were owner-occupied compared with 29.10% in 2016.
Sydney has 24,366 properties. Over the last 5 years, Houses in Sydney have seen a 64.27% increase in median value, while Units have seen a -5.02% decrease. As at 30 April 2026:
- The median value for Houses in Sydney is $2,499,363 while the median value for Units is $1,063,240.
- Units have a median rent of $1,000.
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