412 Pitt Street Sydney NSW 2000

CBRE Hotels has been exclusively retained to market for sale the Westend Hotel, Sydney.

Currently operated under management as a backpacker hotel, the property features:

Sydney freehold hotel with vacant possession potential
86 rooms in total over 13 floors, currently operating as 359-bed backpacker hotel under the Nomads brand
Southern CBD location, close to Central Station, World Square, UTS University
Strong consistent income with scope for improvement
Huge scope for refurbishment, repositioning, revenue enhancement
Rare opportunity to secure a Sydney CBD freehold accommodation asset with VP

For Sale by Expressions of Interest closing on Thursday 12th March 2015.

To obtain further information, please contact:

Andrew Jackson
CBRE Hotels
+61 405 355 972
andrew.jackson@cbre.com.au

Rob Cross
CBRE Hotels
+61 408 418 306
rob.cross@cbre.com.au