Toga Group Buys Kings Cross Hotel for $16.75 Million
The Mansions sits on an 888 square metre block at the corner of Bayswater Road and Kellett Street.
Toga’s other assets icnlude the Vibe Medina, and Travelogdge brands. It’s also planning to redevelop the former Hakoah Club at Bondi Beach with 150 flats, a project which is being opposed by council. Another Toga project is the Hampton Court Hotel in Potts Point.
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.
