Savills News

Brand New Hackney Hotel Hits the Market Amid Record Adelaide Demand

The brand‑new 72‑key Hackney Hotel has been brought to market with expectations to trade north of $30 million - a palatable and competitive entry point for a newly completed sub‑100‑key hotel. Completed in December 2025 and positioned just one kilometre from the Adelaide CBD, the hotel is already capturing strong forward demand driven by Adelaide’s booming major events calendar and sustained accommodation pressures.

The brand‑new 72‑key Hackney Hotel has been brought to market with expectations to trade north of $30 million - a palatable and competitive entry point for a newly completed sub‑100‑key hotel. Completed in December 2025 and positioned just one kilometre from the Adelaide CBD, the hotel is already capturing strong forward demand driven by Adelaide’s booming major events calendar and sustained accommodation pressures.

The asset, which commenced trading in late 2025, is already experiencing strong booking momentum as Adelaide’s packed sporting and major events calendar continues to drive high levels of accommodation demand.

The Hackney Hotel combines a restored heritage frontage with a contemporary new-build hotel component, delivering 72 high-quality guest rooms, 44 secure basement car parks and premium finishes throughout. The asset is operated by Urban Rest under a Hotel Management Agreement structure.

Nick Lower, National Director – Hotels at Savills Australia and New Zealand, said the timing of the campaign coincides with unprecedented demand in the Adelaide hotel market.

“Adelaide’s transformation into a year-round major events city is materially impacting hotel performance. With AFL Gather Round, LIV Golf, the Adelaide Fringe, WOMADelaide, Illuminate Adelaide and a growing defence and corporate presence, we are seeing sustained demand that is translating into strong forward occupancy across the market.

“The Hackney Hotel has only just commenced trade and is already benefiting from this momentum. It represents a rare opportunity to acquire a brand-new asset with immediate operational performance in a tightly supplied market.” Mr Lower said.

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