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Sydney Accommodation Hotel Leasehold - Great Location - Stunning Presentation For Sale

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

Description: This property is of the highest standard and offers guests superior accommodation with stunning views over surrounding gardens. A café that is popular with guests and locals alike forms part of the property.

Star Standard: 4 Star Plus

Construction: Three storeys plus underground parking level for 25 cars. This is a very high quality concrete block and tilt slab construction with sandstone cladding on the ground floor, metal cladding on the upper two floors and cliplock roof.

Interior: 51 large, spacious rooms with high quality furniture and fit-out. Room size ranges from 34m2 to 48m2.

Age: 2004

Land Area: 3,500m2 Approx.

Clientele: The property trades from the local business park, tourists and function guests visiting the nearby function centre.

Tariffs: From $160 mid week to $320 on peak weekend. Penthouse available for $1,000 plus a night

Chain Affiliation: N/A

Lease: New 20 Year Negotiable

Rent: $750,000 Per Annum

Laundry: Linen Hired

Restaurant: Licenced Cafe

Services: Room Service, Licenced Bar Café, Bus Transport to City, Stunning Grounds and Gardens

Turnover: $2.6M Per Annum

Occupancy: 65% Approx.

Residence: Owners' penthouse on the top floor that is currently used for nightly letting as the current owners live off site.

Comment: This has been a managed business since construction and has plenty of room for improvement left. We highly recommend this hotel.

MQ Property ID:

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