Sydney, NSW 2000

LEASEHOLD HOTEL FOR SALE - Prime CBD Location

SOLD

Description: Prime CBD location. 3 levels of city building in one of the most sought-after areas of the CBD. 8 minute walk to Circular Quay, 5 minutes to Martin Place, undercover walk to Wynyard Station. Very comfortable accommodation in sought-after price range.

Clientele: Tourists, interstate and country visitors, corporate guests, long stay guests (up to one month)

No. of Units
21 (One Used for Night Manager)

Building Description
Three levels of multi-storey building, very well maintained. Very comfortable, well-furnished rooms with all amenities including wifi, air-conditioning and ensuites.

Length of Lease
To September, 2040

Rent
$20,640 Per Month - $247,680 Per Annum Inclusive GST

Rental Increases
2% Per Annum

Turnover
$800,000

Occupancy Rate
95%

Facilities
- 20 Ensuite Rooms
- Wifi
- Smart TV
- Reverse Cycle Air Conditioning
- Communal Kitchen
- Dining / Lounge Area
- Guest Laundry
- CBD Location
- ISD STD In Room Phones

Linen
Hired

Management
Property Currently Fully Staffed & Managed


MQ Property ID:
3728250


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  • Suburb Sydney
  • Region Sydney City
  • Property Type Accommodation/Tourism
  • Status For Sale