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Hotel - Motel - Accommodation including a Retro town house style 3 - star boutique hotel with 2 street-front entrances and 16 rooms in total. - 2 floors from the main entrance has 5 rooms, 2 floors from the second entrance has 3 rooms. - 5 room styles, all with en-suite bathroom, luxuriously and artistically furnished with room sizes varying from 10 to 22 sq.meters. Occupancy stays around 90% throughout the year. - Providing no facilities other than rooms which enables low costs and simple management. The business is not dependent on international travellers for its business.
Potential
To do more marketing.
Features
Beautifully restored and renovated in 2017 - Historical Sydney City townhouse style property. - Very well maintained High occupancy rate.Can be run under full management -
Premises
Retro style 4 storey brick and concrete construction boutique hotel with a total area of 470 sq.mts.
Location
Prime location situated only 10 mins. away from Sydney CBD.
Trading Hours
7 days. - 8 a.m. to 4 p.m.
Lease
7 year lease commenced February, 2017 + 8 years option. - 4% increases - 1 month bond.
Employees
One owner + 1 receptionist + 1 cleaner
Comments
Prime location situated only 10 mins. away from Sydney CBD.
To do more marketing.
7 days. - 8 a.m. to 4 p.m.
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