JLL Hotel’s & Hospitality Group present the freehold going concern interest in The Rose Hotel, Chippendale NSW. The hotel is offered to market on behalf of the Kanellos family, who after 20+ years of ownership, feel the time is right to hand over the keys to their much-loved city-fringe pub.

The hotel’s mantra ‘We’re a pub for locals, supported by locals’, echoes through the venue with tasteful tributes to loyal patrons evident throughout the hotel. Located only 1km from Sydney’s Central Station, in the growing suburb of Chippendale, the hotel is a favourite among residents and the hundreds of thousands of neighbouring university students.

The Rose Hotel boasts outstanding asset fundamentals, positioned on a classic corner pub site of 485sqm, on the busy arterial road of Cleveland Street. The two-storey building is surrounded by densely populated residential and commercial occupants with historical average weekly revenues exceeding $70,000 ex. GST derived from bar, food and nine (9) underperforming gaming machine entitlements which provide a stable gaming base to be built upon. Alternatively, these entitlements can be leased, to provide additional floor space to further grow food and beverage trade.

As the long-term family vendors approach retirement from the industry, a significant opportunity emerges to expand the food and beverage operation. The already popular all-weather beer garden and first floor event space have potential for revitalisation, offering a fresh and appealing alternative to nearby competitors. Furthermore, the densely populated surrounding area promises an increase in walk-in customers and opens up possibilities for targeted marketing strategies focused on the immediate local market.

Managing the sale are JLL Hotels & Hospitality Senior Vice Presidents Kate MacDonald and Greg Jeloudev, with Miss MacDonald noting ‘Sydney LGA classified hotels are tightly held and rarely come to market. The Rose Hotel offers a genuine bolt-on opportunity for established groups, or of course newer entrants to the market looking to place a flag in the ground in Sydney. As such, we are expecting a hotly contested sales process from a vibrant mix of operators and investors’.

Mr Jeloudev spoke positively at the campaigns commencement; ‘we foresee the investment environment to substantially improve due to a decisive federal election result and an impending monetary rate cut. Acquisitive parties can now bid with confidence, which ultimately bodes well for purchasers and vendors alike.’

The Rose Hotel is positioned in the heart Chippendale, an inner-city Sydney suburb that has a growing median age of 34. The area is forecast to boom in population by an impressive 30.81% by 2046 which will increase the immediate trade catchment for the hotel. Chippendale is located 2km south of the Sydney CBD and is well known for it’s contemporary art scene and recent urban renewal, making it an increasingly popular destination for both residents and visitors alike. Strategically, Chippendale is also positioned within the Tech Central precinct, spanning from Central Station to Camperdown. This precinct is the heart of technological innovation within Australia and serves as a key hub for tech companies and startups.

The Rose Hotel is offered for sale via expressions of interest closing Tuesday 3rd of June 2025 at 12pm midday (if not sold prior). To request further information, or to arrange an inspection, interested parties are encouraged to contact the exclusively appointed JLL agents.