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;
0411 709 666
0400 222 666
0424 257 004