Luxury Sydney hotel where INXS singer Michael Hutchence died is put on the market just one year after selling for $180million
A luxury Sydney hotel where INXS singer Michael Hutchence died is up for sale.
The Intercontinental Hotel Double Bay, which was known as the Ritz Carlton in the 1990s, has hit the market just one year after selling for $180million.
The hotel hosted Princess Diana in 1996 before INXS frontman Michael Hutchence was found dead in room 524 the following year.
Luxury Sydney hotel which was the site of INXS singer Michael Hutchence’s death has hit the market just one year after selling for $180million
A maid found Hutchence naked and dead behind the door of his Sydney hotel room at about 11.50am on November 22, 1997.
A coroner ruled the 37-year-old musician had committed suicide by hanging himself while depressed and under the influence of alcohol and drugs.
The hotel has also entertained celebrities including Madonna, Sir Elton John and Bill Clinton, and was the site where former Australian Prime Minister Bob Hawke married his longtime lover Blanche d’Alpuget in 1995.
The luxury guest house hosted Princess Diana in 1996 before INXS frontman Michael Hutchence was found dead in room 524 the following year
The iconic hotel was previously owned by Chinese private equity group Shanghai United who bought it in 2019 for $140million.
Steven Chen, the head of real estate firm The Agency, organised the sale of the 3670msq property on their behalf.
The landmark has tripled in price since it was bought for $60million as a vacant property in 2013 by Singapore’s Royal Hotel group, who revamped the site, adding a pool and rooftop bar.
The hotel has also entertained celebrities including Madonna, Sir Elton John and Bill Clinton, and was the site where former Australian Prime Minister Bob Hawke married his longtime lover Blanche d’Alpuget in 1995
The Royal Hotel Group spent millions of dollars refurbishing the dilapidated property, which had sat unused for six years prior, before selling it to Shanhai United eight years later.
The hotel opened as the Ritz Carlton in 1991 before it was renamed the Sir Stamford Double Bay in 2001, which ran until 2009.
Five years later, the accommodation provider became the Intercontinental Sydney Double Bay.
The iconic hotel was previously owned by Chinese private equity group Shanghai United who bought it in 2019 for $140million
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