Park Hyatt Sydney is uniquely positioned on the water's edge of Sydney Harbour, and enjoys spectacular unrestricted views of the famous Harbour Bridge - and Sydney Opera House. "Located in the historic Rocks precinct of Sydney's CBD, Park Hyatt Sydney is Australia's pre-eminent five star Hotel," said Mr David Gibson, CEO Asia Pacific, Jones Lang LaSalle Hotels.

Park Hyatt Sydney is the envy of hotel investors and operators alike, consistently achieving the highest average daily rate in Australia for any CBD internationally branded hotel. 

"A new owner will not only benefit from the favourable market fundamentals but also through a Development Approval to expand the Hotel to accommodate a presidential suite, four accompanying suites and associated facilities on the existing roof level," said Mr Mike Batchelor, Managing Director – Investment Sales, Jones Lang LaSalle Hotels.

The Hotel features 158 luxury guestrooms and suites, a Tony Chi designed restaurant and bar, club bar, cafe, conference facilities, business centre, heated rooftop swimming pool, day spa, gymnasium and secure underground car parking for 77 vehicles.  The large 4,592sqm harbour-front site is leased from Sydney Harbour Foreshore Authority (SHFA) on a 99-year term.

"Australia's hotel investment market remains buoyant and as such, investor interest for this landmark asset is anticipated to be exceptionally strong from around the world," said Mr Gibson. 

He added, "Investors will be attracted to the Hotel due to its prime location, income growth potential and security associated with a long-term Management Agreement to Hyatt International Corporation, one of the world's leading and best known luxury hotel operators."

"This is a very rare opportunity for property investors to acquire a trophy asset in Australia's largest city," said Mr Batchelor.   

With approximately $830 million worth of major hotels (over A$5 million) sold in Australia during 2007, almost half have occurred in Sydney.  "Hotel buyers continue to seek out opportunities in Sydney due to its stable supply environment, high barriers to entry, strong appeal as an international tourist destination and positive trading outlook," said Mr Batchelor.

Jones Lang LaSalle Hotels has been retained by McLaughlins Financial Services Limited (as the Responsible Entity) and the PH Sydney Hotel Trust and PH Sydney Hotel Limited ("Owner") to offer for sale the Park Hyatt Sydney, Australia – one of the World's iconic hotels.