247-253 Broadway, Glebe, NSW 2037

Savills and Colliers are excited to present the BreakFree on Broadway at 247–253 Broadway, Glebe NSW to the market for sale via International Expression of Interest closing on Wednesday, 29 April 2026 at 3pm (AEST).

Positioned in one of Sydney’s most vibrant and high‑growth city‑fringe locations, the BreakFree Hotel presents a rare opportunity to secure a fully leased, high‑performing freehold investment with diversified income and long‑term upside. Underpinned by a secure 10‑year lease, the property offers stable holding income today while providing multiple strategic future angles — including living‑sector development or hotel repositioning upon lease expiry — supported by a substantial landholding with surplus area at the rear.

The property comprises 48 keys (or 51 rooms) across the upper two floors, three ground‑floor retail tenancies, and a basement approved for an 86‑pod capsule hotel (DA approved and CC pending). The entire hotel component across the upper levels is securely leased to Celestial Capital on a long‑term basis, with the tenant also committing to fund the full fit‑out of the approved capsule hotel on the basement level.

Located directly opposite Victoria Park and Broadway Shopping Centre, and within walking distance of the University of Sydney, UTS, and Tech Central, the asset benefits from exceptional educational exposure, strong pedestrian traffic, and robust long term growth fundamentals. These characteristics make it an ideal opportunity for investors seeking a strategic foothold in one of Sydney’s most tightly held growing precincts.

Key Features

- Multiple income streams from accommodation and retail operations 
- Substantial 828 sqm* landholding with dual street frontages, offering excellent future repositioning flexibility 
- Secure 10 year lease providing stable holding income 
- Exceptional location within Sydney’s premier education precinct — positioned between UTS and the USYD, directly opposite to Broadway Shopping Centre, and supported by a large surrounding local residents and student population — ideal for future co living or PBSA repositioning 
- Situated within the $4.8 billion Tech Central precinct, Sydney’s emerging technology and innovation hub 
- Prime city fringe position expected to benefit from continued investor demand and sustained long term capital growth

For more information or to arrange for an inspection, please contact the exclusive selling agents.