7 - 9 Wilmot Street Sydney NSW 2000
- Hotel, Motel, Pub & Leisure
- 248 m²
- For Sale, Contact Agent
Leased Sydney CBD Asset with Development Approval
- 127 beds and ground floor restaurant
- D.A. for conversion to 58-key hotel
- Proximate to new major developments
JLL Hotels & Hospitality Group is pleased to exclusively offer for sale 7-9 Wilmot Street, Sydney NSW 2000 - currently trading as Sydney Backpackers.
Key property and investment highlights:
127 beds and ground floor restaurant leased to experienced operator
Freehold site with development approval for conversion to a 58-key boutique hotel
Suited to alternative uses including co-living, co-working and student accommodation
Proximate to a number of new major developments and the new Pitt Street Metro Station - midtown and southern CBD precincts are undergoing significant development with a growing corporate precinct, which has over 360,000sqm of office space in the pipeline over the next five years
To the south is Sydneys emerging 'Silicon Valley' at Central Station where Atlassian, as well as listed property giants Dexus and Frasers Property are developing a multi-billion dollar technology precinct
|Floor Area||248 m²|
|Land Area||Ask Agent|
|Parking||On site parking available|
|Annual Return||Ask Agent|
|Last updated||24 Nov 2020|
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