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- 18 Oct 2016
SERVICED APARTMENTS FOR SALE- PRIME LOCATION
Description: Very high quality block of serviced apartments. Prime town centre location within easy walk to restaurants, club and all town amenities. Fully refurbished historic building with no expense spared on either quality or detail. The business is currently fully managed. Very easy to operate.
AAA Rating: 4.5 star
Tariffs: Range from $162 corporate rate to $400 suites
Clientele: Strong corporate trade, weekend getaway, tourists, local function and trade events.
Turnover: $716,751.86 2015/16 - $696,549.70 2014/15
Occupancy: 84.7% 2015/16 - 83.9% 2014/15
Comment: This property is a fantastic inspection. It has location, style and the ultimate in comfort while being a very easy business to operate. Once your guests have stayed once, you are assured repeat business. Don’t miss this opportunity to own one of NSWs premier boutique apartment hotels. Exclusive agents.
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1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information