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Motel In Sydney Harbour Frontage For Sale

Sydney, New South Wales
  • $4,495,000

Sales revenue:
$524,062
Cash flow:
Available on request
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Description: Conveniently located on the Sydney Harbour frontage. Easy access to all amenities. Stunning period building. One of Sydney’s true gems. First time offered in twenty years.

AAA Rating: 3 star standard.

Construction: Two storey brick & block construction with timber floors, tile roof and solid block wall partitions. Never to be repeated opportunity.

Residence: 1 bedroom for live-in manager. Has been managed for many years.

Age: Built 1895

Clientele: International tourists, local trade, short breaks and groups.

Land Area: 800sqm approx.

Tariffs: Single $100 - $250; Double $125 - $275; Extra Person $25.

Chain Affiliation: No

Lease: No

Laundry: Yes, heavy duty domestic.

Restaurant: No, several in close proximity.

Services: Guest kitchen, guest laundry, facility rooms, waterfront position, limited off-street parking.

Turnover: $524,062 2009/2010; $573,000 2008/2009

Occupancy 65% approx.

Comment: One of Sydney’s best kept secrets. Stunning business in breathtaking harbour front position and views. Never to be built out. Short walk to restaurants and bars. When only the best will do for the price of a house.



Real Estate:
Real Property Included


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