132 Bourke Street, Woolloomooloo, NSW 2011

Colliers is pleased to present The Cozy M Hostel, a rare freehold hospitality asset situated in one of Sydney’s most tightly held inner-city precincts, just moments from the CBD, Kings Cross, and the iconic Finger Wharf. Recently refurbished, this three-storey property comprises 21 hostel-style rooms, shared facilities, and a rooftop terrace with panoramic city views.

Investment Highlights

+ 220sqm* landholding with 9.3m frontage to Bourke Street
+ Three-storey brick building with 21 rooms, communal kitchen and rooftop terrace
+ Previously configured as 84-bed backpacker hostel
+ Fully refurbished and fire safety compliant
+ 500m* to Kings Cross Station and 1.8km* to Sydney CBD
+ MU1 Mixed Use zoning with 2:1 FSR and 15m height limit
+ Offered with vacant possession or ongoing operation potential
+ Net income: $373,000+ p.a.*

This is an exceptional opportunity to secure a flexible and income-generating city-fringe asset with strong future value uplift potential.

*all figures are approximate

Public Auction: Tuesday, 16 September 2025 at 10:00am (AEST)

For more information, please contact the exclusive agents:

Joseph Lin | 0452 070 980
Paul Grasso | 0434 497 793
Charlie Gilmour | 0416 812 964