Accommodation and Tourism
NSW
Ref: 4968764

SYDNEY ACCOMMODATION HOTEL LEASEHOLD - GREAT LOCATION - STUNNING PRESENTATION For Sale

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:
4968764


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Price: $2,000,000
Manenti Quinlan & Associates
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Broker : Ray Larkin
Phone: 02 9744... (click to show)
Mobile: 0407 220... (click to show)
Fax: 02 9745... (click to show)
Address:
Suite 101, Level 1, 74-76 Burwood Road
Burwood, NSW, 2134


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