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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

Property Highlights

Property ID2016572513
Floor Area248 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  24 Nov 2020
Map for 7 - 9 Wilmot Street Sydney NSW 2000
Map for 7 - 9 Wilmot Street Sydney NSW 20007 - 9 Wilmot Street Sydney NSW 2000
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

JLL - Hotels & Hospitality Group
Level 25, 420 George Street Sydney NSW 2000

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