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Hotel/Leisure For Sale found in REDFERN, NSW 2016

Properties located in the surrounding suburbs

ICONIC "MANOR HOUSE" 18 ROOM BOUTIQUE HOTEL

Hotel/Leisure | Offices

Oxford Agency is please to present to you Manor House situated at 86 Flinders Street, Darlinghurst.
Currently operating as a boutique hotel boasting 18 rooms, all with ensuite bathrooms.
The hotel is a historically significant structure steeped in the early history of Sydney, dating back to the mid 1850's.
Bus stop locate 50m outside the hotel with transport to the CBD, Bondi Junction, Sydney Airport and along Anzac Parade through the Eastern Suburbs.
- Approx. 771sqm land
- Two street frontages
- B4 Mixed Use Zoning
- 4 off street carspaces
- 2:1 FSR and 15m height limit
- Excellent opportunity awaits to recreate this prime property holding
- The new light rail system will only be a 5 min walk away.
Situated moments from Sydney's iconic Allianz Stadium, Sydney Cricket Ground, Entertainment Quarter, Moore Park and Taylor Square.
Don't miss this opportunity to secure an exciting commercial investment strategically located in Sydney's premier commercial suburb of Darlinghurst.

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Price: Contact Agent    Building: 750m²    Land: 771m²    Occupancy: Vacant

AAA RETAIL INVESTMENT, CORNER POSITION.

Investment | Retail | Hotel/Leisure

The property in offer is situated on a prime corner with substantial frontage to Elizabeth and Cooper Street.
This retail investment is leased on a new long term lease to hotelier group Marvan who operate it as "The Evening Star Hotel".
360 Elizabeth Street enjoys a high profile on a main retail street at the foot of the CBD with strong neighboring suburb Chinatown/Haymarket in short walking distance on the corner of Elizabeth and Cooper street between Foveaux Street and Devonshire Street.
Surry Hills is an outstanding city fringe location is rapidly becoming one of Sydney's newest inner city residential and business hubs.
The property is in the heart of the thriving Surry Hills commercial/retail precinct with businesses such Newscorp in the surrounding buildings.
Entrance to Central Railway Station and Sydney Buses network are opposite the property on Elizabeth Street.
This property is well placed to benefit greatly from the Tram-line currently under constructions to be completed 2017/18, providing easy access to the CBD and south to Kingsfords
Key features:-
- Two substantial street frontages
- Leased to Experienced Hotelier
- New 7 year x 5 year lease
- $660,000 pa (NET) + GST
- Tenant pays 100% of outgoings
- 3% annual increases
- 451sqm retail area, storage plus 1 car space
- Prime retail corner position
- Future potential to subdivide into multiple shops ranging from 25 to 195sqm
- Future potential to further strata title into multiple shops (STCA)
Auction; Tuesday May 3rd 2016 at 10:30am (if not sold prior)
Venue: Mezzanine Level, 50 Margret St, Sydney.

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Price: Tuesday May 3rd 2016    Building: 451.3m²    Land: 451.3m²

SUBURB PRICE GUIDE

Suburb Summary - Redfern, NSW 2016

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $6093 $482 7.91%
Retail $8654 $398 4.60%
Industrial $300
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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