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381 Clovelly Road
Clovelly NSW 2031
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Sold on 1 Sep 2017

381 Clovelly Road Clovelly NSW 2031

  • Shop & Retail
  • 1,708 m²
  • Sold

Trophy Sydney Beachside Investment - The Clovelly Hotel

Colliers International and JLL have pleasure in presenting a truly iconic Sydney beachside investment, The Clovelly Hotel.
Just a short stroll to the sand in this stunning beachside locale, this iconic fully renovated state-of-the-art hotel is underpinned by a single tenancy to a world-class hotel group.

The commanding 1708m2 land holding features a stunning fit out, extensive outdoor areas and basement parking. Offered with a triple net lease and an income of $1,616,000 approximately per annum.

The Clovelly Hotel is the only prime beachside freehold hotel with a secure long term lease to world-class operators.

• Prized Eastern Suburbs beachside location
• Renowned blue chip tenant
• Rare and substantial elevated land parcel of 1708m2
• Triple net 10 x 10 lease - commenced February 2017
• Income $1,616,000 approx. per annum with annual increases
• Long term further development potential (STCA)

Expressions of Interest closing Wednesday, 30 August 2017 at 12pm.

For further information please contact the listing agents below;

Miron Solomons
Colliers International
0411 709 666

John Musca
JLL
0424 257 004

EXPRESSION OF INTEREST

Closing date and time30/08/2017 00:00
Recipient nameMiron Solomons
Delivery addressLevel 30, Grosvenor Place, 225 George Street, Sydney NSW

Property Highlights

Date Sold1 Sep 2017
Floor Area1,708 m²
Land Area1,708 m²
ParkingOn site parking available
Property ID2013762656
Category
Last updated  9 Oct 2017
Map for 381 Clovelly Road Clovelly NSW 2031

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Property Highlights

Date Sold1 Sep 2017
Floor Area1,708 m²
Land Area1,708 m²
ParkingOn site parking available
Property ID2013762656
Category
Last updated  9 Oct 2017
Grosvenor Place Level 30/225 George St Sydney NSW 2000

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