The Toga Group has turned the old Hampton Court Hotel
The Hampton, 15 Bayswater Road, Potts Point
into residential apartments with a restaurant and wine bar to open on the bottom floor. It only took 48 hours for the apartments to sell off the plan.
Toga has also taken over the Mansions building across the road with 45 residential apartments planned and a major upgrade to the pub.
THE Mansions hotel, in Sydney's inner-city Kings Cross, has sold to developer Toga Group for $16.75 million.
The property, which currently trades as a pub, is expected to be converted into an apartment complex. Toga purchased the site on terms subject to this redevelopment being approved. The Mansions soars five levels. It was one of the last controlled by the Landmark Leisure Group which went into receivership in 2009.
Other sites owned by LLG included the Vegas Hotel, which like The Mansions is also in Kings Cross. Other assets include Darlingsford's Oxford Hotel and the peakhurst Inn.
The Mansions sits on an 888 square metre block at the corner of Bayswater Road and Kellett Street.
Toga's other assets include the Vibe Medina, and Travelodge brands.
It's also planning to redevelop the former Hakoah Club at Bondi Beach.
BONDI'S landmark Hakoah Club will be demolished and replaced with 113 serviced apartments, 45 residential units and a shopping centre under plans approved by the NSW government.
Despite vigorous opposition from local groups and complaints from Waverley Council, the government's Planning Assessment Commission approved the proposal from a large political donor, Toga Group, with some minor amendments aimed at reducing its ''height, bulk and scale''.
The Waverley mayor, Sally Betts, said she found out only ''by accident'' that the project had been given the green light after council staff found the approval on the internet. ''The most incredible thing is they have not told us yet … which I find quite appalling.''
Toga is ultimately controlled by BRW Rich Listers Charlotte and Ervin Vidor, who are reportedly worth some $483 million. The company's managing director is the Vidor couple's son, Allan. Toga controls more than 50 hotels in Australia and Europe.