6 Hotel & Leisure Properties For Sale in Newtown

Substantial Cashflow – Long Running Accommodation Freehold

Freehold accommodation going concern known as "Billabong Gardens".
Owned by same family for 30 years, 2017 annual gross income $1,400,000 (approx)
Substantial 37 room operation over multiple properties, majority of rooms with ensuites.
Flexible configurations, private ensuite rooms, separate ‘guest house’, dorm accom to suit local & international clientele.
Features common tv room & kitchen, outdoor break out areas + pool, garage parking.
100m from King St and on the doorstep of Sydney’s most vibrant & energetic late night trading precinct.

Property Code: 1239

Maximum Potential

Located in one of the fastest growing and evolving areas of the city fringe, 575-577 King Street Newtown, presents a rare opportunity for investors and developers to obtain a significant portion of land with a huge potential upside. The property features 376sqm of land with roughly 410sqm of building, rear lane access and 13m of frontage to the ever popular King St.
Approx. 376sqm Land, 410sqm Building.
Zoned B2, Local Centre.
Rear Lane Access to King Lane.
Less than 300m to St Peters Station.
Large round floor retailing area, approx. 326sqm.
Excellent for a boarding house application. ...

LADY HAMPSHIRE HOTEL

CBRE Hotels are delighted to offer the leasehold interest in the Lady Hampshire Hotel.

Key investment considerations of this opportunity include:

– Annual revenues in excess of $3 million – $59,500 per week (ex GST)
– 9 x poker machines providing a profitable backbone to the business
– Nearest gaming competitors ranked #416 and #656 on Dec-17 OLGR TOP 200 ranking list
– 18.5 years on the lease – attractive terms with market rent and outgoings
– Recent $1 million renovation and refurbishment – no initial CapEx required
– 10 x accommodation rooms – renovated yet deriving zero rental ...

A UNIQUE BOARDING HOUSE OPPORTUNITY

11 Liberty Street, Enmore

Outstanding inner west property on 544m2 Approx.
Operating as an approved boarding house, built early 2000.
2 x 1 bed and 14 self-contained rooms.
Gross annual rental $220,000 approx.
Situated in the Marrickville municipality, two stations from Central, a short walk to the Newtown shopping strip and about 5 minutes by bus to Sydney Uni.
An exceptional investment for anyone looking to secure a substantial accommodation asset.

Property Code: 762

Flexible Development Opportunity

Wide 18m Frontage
Excellent opportunity to purchase a well maintained brick/tile building with tremendous versatility. Consisting of 8 bedrooms, multiple bathrooms and an updated kitchen. Operating as a registered boarding house with potential to add value with excellent income. Land area 552 approx. Ideal student accommodation, all within short walking distance to vibrant Enmore and Newtown shopping strip, eateries, RPH Hospital, transport links and host of lifestyle amenities. Recession proof and land tax exempt. Inspection highly recommended.

Saturday and Wednesday 2.00-2.45pm

TWO STOREY WAREHOUSE WITH POTENTIAL

Warehouse used as a private residence for more than 20 years. Floor space approx. 485 sqm. Land area of 367 sqm. approx. The property is built boundary to boundary and has rear lane access. Consisting of:
Ground Floor; Entry foyer, family room, 2 bedrooms, kitchen, 2 toilets, 1 bathroom, 6 storage rooms, 1 large open floor area.
First Floor; 4 bedrooms, lounge and dining room combined, 2 toilets, 1 bathroom, kitchen.
According to Marrickville Council
Dimensions 16.2/10.6 X 28.1/27.5 (approx.).
Frontage 16.2 m approx.
Building height 9 metres. (maximum 3 floors)
Zoned Residential R2...