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Luxurious Boutique Apartment Hotel For Sale - Premier Regional City For Sale

New South Wales, Australia
Asking Price:
$2,600,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Rare opportunity to own a high quality boutique hotel in CBD location of one of New South Wales' premier regional cities. Self-contained apartment hotel accommodation in peaceful surrounds just a few minutes stroll from all amenities.

Star Standard: 4 Star

Construction: Predominantly single storey double brick construction with one suite on an upper level. Iron roof, timber floors, wooden windows and pressed metal ceilings. Fully renovated neo gothic style historic building described as "one of the most elegant structures in the colony out of Sydney". Eleven large suites all beautifully appointed.

Age: 1868 construction with fastidious refurbishment

Clientele: Local Business, Tourist, Couples Retreat

Land Area: 1,429 sqm approx.

Tariffs: Ranging in price from $173 for Mini Suite to $385 for largest Suite on upper level

Chain Affiliation: No

Lease: No

Occupancy: 77%

Laundry: Guest Laundry Facilities

Restaurant: No.

Services: All Suite Rooms, Lounge Area in Most Suites, King Size Beds, Self-Contained, Mini Bar, Continental Breakfast Included, Parking on Site, Stunning Gardens, Easy walk to Restaurants, etc., Fire Rated.

Turnover: 18/19$502,961; 17/18$501,732; 16/17$463,736

Comment: Rarely do properties like this become available. Excellent opportunity for an investor to own the best of the best.

MQ Property ID:
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