CRE Brokers are excited to offer to the market the freehold investment of the Alexandra Hotel by expressions of interest closing 7/6/2024.
The historic and award winning Alexandra Hotel is a beautifully renovated boutique hotel offering old style charm with fresh style. Prominently located and highly visible on Grant Street the hotel sits on large allotment of approximately 1868m2 of Commercial 1 Zoned land.
The hotel was built in 1903 and features a main bar, dining room, lounge room, under-ground cellar, kitchen, ample outdoor dining spaces. There are a variety of areas for functions and events. The hotel also features 6 delightful accommodation rooms with ensuites.and a managers residence.
The current lease has options until 2042 and an annual rental of $78,500 per annum ex GST.