100% freehold interest in a landmark mixed-use development site
CBRE is pleased to exclusively present for sale the 100% freehold interest in 525 George Street, a mixed-use landmark development site located in Sydney’s CBD.
525 George Street is the best located freehold development site in the heart of Sydney CBD’s bustling commercial and entertainment precinct, offering superb connectivity to Sydney’s biggest corporate and leisure demand drivers, including World Square, the $3 billion Tech Central development, the Iternational Convention Centre Sydney (ICC), Pitt Street Mall, Darling Harbour, QVB, Chinatown, Town Hall Station, Darling Quarter and George Street Boulevard.
ASX listed hospitality giant, EVT, has been the long term owner of the site and operated it as part of the highly successful Event Cinemas George Street. In May 2023, EVT secured a Stage 2 Development Approval (DA) for the development of a 43-storey mixed-use development comprising 98 luxury residential apartments, a 285-room luxury hotel, five cinema complex and three retail tenancies with the site offering three street frontages onto George Street, Kent Street and Albion Lane.
Benefitting from a highly valuable planning approval secured by the vendor, 525 George Street is a “shovel-ready” mixed-use project enabling an incoming purchaser to deliver a legacy development in one of Australasia’s most coveted and resilient investment destinations.
Investment Highlights:
- Opportunity to secure a Sydney CBD Freehold Site
- Tightly held site with Stage 2 DA secured
- Strong demand for luxury residential apartments in Sydney
- Opportunity to deliver luxury branded residences
- Flexibility of Hotel Management
- Strategic entertainment anchor
- Strong Sydney hotel market
- Exceptional location, proximity to transport links and activated precincts
- Prime retail location with George Street frontage
525 George Street, Sydney, is being offered for sale by International Expressions of Interest closing Friday, 25 July 2025.
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