Luxury hotel in Sydney, where INXS singer Michael Hutchence died, has been put on the market for $180 million

The Sydney luxury hotel where INXS singer Michael Hutchence died has been put on the market just a year after it was sold for $180 million.

The luxury Sydney hotel where INXS singer Michael Hutchence died is up for sale.

The InterContinental Double Bay, which was known as the Ritz-Carlton in the 1990s, entered the market just a year after it was sold to Melbourne developerredcorp for $180 million.

The hotel hosted Princess Diana in 1996 before INXS frontman Michael Hutchins was found dead in Room 524 the following year.

The luxury Sydney hotel that was the site of INXS singer Michael Hutchence's death has hit the market just a year after it was sold for $180 million.

The luxury Sydney hotel that was the site of INXS singer Michael Hutchence’s death has hit the market just a year after it was sold for $180 million.

Hutchence was found naked and dead behind the door of his hotel room in Sydney at about 11.50am on 22 November 1997 by a maid.

A forensic doctor ruled that 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 hosted celebrities including Madonna, Sir Elton John and Bill Clinton, and was the site where former Australian Prime Minister Bob Hawke married his longtime sweetheart Blanche Dalpuget 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 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 which bought it in 2019 for $140 million.

Stephen Chen, head of property company The Agency, organized the sale of the 3,670msq property on their behalf.

The landmark has tripled in price since it was purchased for $60 million as vacant property in 2013 by Singapore’s Royal Hotels Group, which has renovated the site by adding a pool and rooftop bar.

The hotel has also hosted celebrities including Madonna, Sir Elton John and Bill Clinton, and was the site where former Australian Prime Minister Bob Hawke married his longtime sweetheart Blanche Dalpuget in 1995.

The hotel has also hosted celebrities including Madonna, Sir Elton John and Bill Clinton, and was the site where former Australian Prime Minister Bob Hawke married his longtime sweetheart Blanche Dalpuget in 1995.

The Royal Hotel Group spent millions of dollars renovating the dilapidated property, which had sat unused for six years prior, before selling it to Shanghai United eight years later.

The hotel opened as The Ritz-Carlton in 1991 before changing its name to Sir Stamford Double Bay in 2001, which lasted until 2009.

Five years later, it became the InterContinental Sydney Double Bay accommodation provider.

The iconic hotel was previously owned by Chinese private equity group Shanghai United, which bought it in 2019 for $140 million.

The iconic hotel was previously owned by Chinese private equity group Shanghai United, which bought it in 2019 for $140 million.

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