11/09/2026
Article in today's Daily Telegraph:
September 11, 2026
Sydney’s iconic SS South Steyne is being offered for sale as historic vessel enters its next chapter. Pictures: Supplied
Sydney’s iconic SS South Steyne is being offered for sale as historic vessel enters its next chapter. Pictures: Supplied
A rare piece of Sydney’s maritime history is up for grabs, with the historic SS South Steyne coming to market as a hospitality and events venue affording the potential to take on a new life in Sydney or leave the Harbour its called home for generations.
Almost a century since its arrival in Sydney, the 67m, three-deck NSW heritage-listed steamship is the last of its kind in the world.
South Steyne carried more than 92 million passengers during its time on the Circular Quay to Manly route and served as Queen Elizabeth II’s royal yacht during her visit to Australia in 1988.
As the vessel approaches its centenary in 2038, its sale represents a critical turning point, being exclusively offered as a fully fitted hospitality and events venue via Colliers agent Jackie Su and Harry Mitchell. Expressions of interest close October 15.
While the agents could not reveal the expected price, a valuation shows it is sitting around $2.5m.
Listed on the NSW State Heritage Register in 1999, South Steyne is recognised for its historical, social and technological significance to Sydney and Manly.
Built in Leith Scotland in 1938, the vessel spent 36 years operating on the Circular Quay-Manly ferry route, crossing the harbour over 100,000 times and carrying in excess of 92 million passengers on the seven-mile run.
SS South Steyne is being offered as a fully-fitted hospitality and events venue with valuation of the property shows it is sitting around $2.5m.
SS South Steyne is being offered as a fully-fitted hospitality and events venue with valuation of the property shows it is sitting around $2.5m.
It was later reinvented several times, serving as a floating convention and hospitality venue, an information and exhibition centre for the Sydney 2000 Olympic Games and a restaurant and function centre at Darling Harbour.
Returning to the spotlight, South Steyne was recommissioned during Queen Elizabeth II’s 1988 visit to Australia and serving as her royal yacht in Melbourne during her time in Victoria.
“South Steyne gives an operator something that is almost impossible to create from scratch, an established waterfront venue with its own identity, history and sense of arrival,” said Harry Mitchell Executive in the Colliers Hotel Transactions team.
The vessel currently comprises three decks, four function and exhibition areas and a restaurant with capacity for more than 500 guests.
Its Main Deck includes the ship’s boardroom, Saloon Lounge and restaurant, with alfresco outer-deck seating.
The Promenade Deck features the Harbourview Lounge and Manly Lounge, both opening onto outer decks and suitable for larger events, banquets and functions, the same level you will additional find a service galley.
While the Upper Bridge Deck retains the ship’s navigation deck, two wheelhouses, lifeboats and crew accommodation.
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The 67m heritage-listed steamship carried more than 92 million passengers.
The 67m heritage-listed steamship carried more than 92 million passengers.
Its rooftop presents potential for further activation including a sundeck or rooftop waterfront bar, subject to relevant approvals.
Hospitality infrastructure on the lower deck includes a commercial kitchen, two large walk-in coolrooms, freezers, office and staff facilities, dry-goods storage and a dumb waiter servicing the upper decks.
The South Steyne retains its 3,250 IHP triple-expansion Harland & Wolff steam engine, a defining feature of the ship and connection to its heritage significance.
Subject to the necessary requirements and approvals, the historic steam engine is said to provide the potential to return South Steyne to steam-powered operation.
Designed to be adaptable to different locations, subject to suitable berthing, maritime, planning and council requirements, the vessel previously operated in Melbourne, Newcastle and Sydney.
Potential future applications include hospitality, tourism, events and entertainment, while its existing configuration could also support a new destination-led concept
As the vessel approaches 100 years afloat, the sale represents an opportunity for a new owner to take one of Sydney’s most recognisable maritime landmarks into it's a new voyage