• Prime Sydney CBD entertainment site with Stage 2 DA listed for sale
• Offering includes 43-level, 28,283sqm mixed-use tower with residential, hotel, cinema, and retail space
• Strong demand expected from local and international developers, hotel operators, and builders

EVT Ltd ('EVT' or the 'Group') has announced the formal commencement of the sale process for its 525 George Street property in Sydney, which will be led by CBRE. This follows the Group's previous announcement in February 2025 that it intended to pursue a sale of the property. The 525 George Street site is a prime Sydney CBD entertainment location, comprising over 1,800 square metres of freehold land. It has a Stage 2 Development Approval for a 43-level, 28,283sqm mixed-use tower, including residential, hotel, cinema, and retail space. The high-rise levels of the tower will include 98 luxury apartments totalling 12,671sqm, while the low to mid-rise section will feature an 11,068sqm 5-star lifestyle hotel with 285 premium rooms, as well as bar, restaurant, and conference facilities. The development will also include a luxury state-of-the-art cinema experience with five cinemas across 3,803sqm, and retail tenancies along George Street and Albion Lane. CBRE expects the combination of the prime location, transport connectivity, and significant development opportunity to attract strong interest from local and international institutional developers, hotel operators, and large private builder developers. The International Expressions of Interest Campaign for the 525 George Street property will close on Friday, 25 July 2025.