2 Broadway Chippendale NSW 2008

JLL Hotels & Hospitality Group, in conjunction with Knight Frank, are delighted to be offering Bar Broadway to market for the first time in 20 years.

Situated in the core of the gargantuan, redefining Central Park Development, Sydney's 'Silicon Valley', Chinatown, multiple universities and only metres from Central Station, Sydney's largest train station, the gateway hotel offers the following key investment attributes:

- 24-hour hotel licence with highly sought 3-hour gaming shutdown
- 28 valuable gaming machines (15 entitlements and 13 permits)
- Already ranked 302 (Mar-22) in NSW Gaming Rankings with non-optimal room and only 10 machines in a smoking area
- 26 beds across two floors with a mix of student accommodation and hotel room configurations
- DA for development of two upper floors increasing bed inventory to 60
- Arguably the most strategically located hotel in Sydney - gateway site situated among extraordinary large business drivers with Atlassian, Frasers and Dexus commencing three new towers metres from the hotel, delivering an additional 268,000sqm of GFA, housing over 16,000 additional permanent employees and circa 4,000 construction workers on-site for up to 5 years during construction
- Vibrant Chinatown retail location - minutes from Central Station major bus and rail transport links
- Opportunity to capitalise on resurgence of the international student market - Australia's 4th largest export generating $40B in 2019 ensuring 100% occupancies under student accommodation model

Bar Broadway is for sale via Expressions of Interest closing Thursday 30 June 2022 at 4:00pm (if not sold prior)

For further information please contact the exclusive sales agents.