Description: Location! Location! Location! Close to City Centre, Potts Point, Kings Cross, Barangaroo and Darling Harbour. Recently refurbished. 20 rooms. Covered rooftop terrace with panoramic views of the city skyline.
Turnover: 23/24$869,656.49 (ADR $155.53)
Construction: 3 storey brick and concrete building with iron roof
Interior Description: Recently refurbished from an 84 bed backpacker accommodation to a 20 room hotel
Age of Building: Approx 80 years
Clientele: Perfect place for those who want to make friends and meet new people whilst on holidays.
Land Area: 215m2
Tariffs: From $140 - $220 Per Night
Occupancy %: 75.66% 2023/24
Chain Affiliation: N/A
Services: Air-conditioned, motel kitchen, tea and coffee making facilities, coin operated laundry facilities, shared bathroom facilities, communal facilities, high speed internet
Comment: Rare opportunity to acquire a small boutique hotel in a highly sought-after area of Sydney. Easy walk to waterfront, Kings Cross and vibrant Oxford Street. Vendors are genuine sellers and will consider all serious and reasonable offers.
MQ ID No. 1P2865
