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Sold Hotel/Leisure found in SYDNEY CITY (METROPOLITAN), NSW

INVESTMENT WITH LONG LEASE

Retail | Hotel/Leisure

Gunning Commercial is excited to offer for sale this prime Oxford Street commercial building at the gateway to Taylor Square, Darlinghurst, Surry Hills and Paddington.
The property offers is leased as a cocktail bar and includes the liquor license and late night trading hours until 12 midnight. The current fitout includes all the must have's for a bar venue including 2 bars, disable bathroom access, outdoor terrace, integrated sound system and cool room facilities.
Features include:
- 145sqm floor area approx
- Land area 93sqm approx
- Zoned business (3)
- Timber floors throughout
- Commercial bar fitout
- Ducted A/C throughout
Lease Details are as follows;
Gross Rent: $80,000 annually
Term: 5 years
Option: 5 years
Annual Increases: 4%
Security Bond: 3 months gross rent
Commencement: 1 October, 2014
Call the agents today for more information or to organise an inspection of the property.

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Sale Price: Contact Agent    Building: 145m²    Land: 93m²    Occupancy: Vacant

SECURE INVESTMENT, PRIME DARLINGHURST POCKET

Investment | Retail | Hotel/Leisure

Gunning Real Estate is excited to offer for sale this outstanding retail investment opportunity in the prime pocket of Darlinghurst.
The property is located on the corner of Crown and Burton Streets in Darlinghurst, moments from Oxford Street and a short stroll from the CBD. Occupied by one of Sydney's most reputable bar's - Pocket Bar, this property has a rich reputation within the hospitality industry.
The House of Pocket, who run Pocket Bar, have another five venues under their banner, so you can trust in the tenant with their proven experience.
Property Features:
- Stunning internal structures with exposed timber beams
- High ceilings with eclectic fitout
- Reputable operator, committed on long lease
- Gross income $161,742 + GST annually
- Commenced 28th March, 2014
- Secure lease with options until 2024
For further information or to arrange a time to inspect, please don't hesitate to contact the agents;
Tom: 0412 891 330
Harry: 0425 232 688

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Sale Price: Contact Agent    Building: 147m²    Land: 147m²    Occupancy: Tenanted

ICONIC HOSPITALITY INVESTMENT OPPORTUNITY

Investment | Retail | Hotel/Leisure

Gunning Commercial is pleased to offer for sale by private treaty one of Sydney's most iconic hospitality venues, Gazebo Wine Garden.
Gazebo Wine Garden has been the heart and soul of inner-city Elizabeth Bay since the 1960's. In its former life as a hotel to visiting international celebrities and local icons. Now, with an extensive refurbishment just completed, the grand dame that is Gazebo Wine Garden is now better than ever. Split into two distinct spaces Gazebo is the quintessential neighbourhood venue, offering something for everyone. A lavish dining room inside, resplendent with chandeliers and a grand piano, offers a sophisticated, sleek and moody atmosphere. Outdoors, it's all about casual eating and drinking.
The property features a long term lease to renowned hospitality operators, The Keystone Group, who now have approximately 26 venues across NSW and recognised to be at the forefront of the hospitality industry.
Further information can be provided by request, please feel free to contact the agent;

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Sale Price: Contact Agent    Building: 333m²    Land: 333m²    Occupancy: Tenanted

A GEM IN SURRY HILLS - ICONIC FREEHOLD

Offices | Hotel/Leisure

65-67 Foveaux Street, Surry Hills
Joint exclusive selling agent Gunning commercial and Knight Frank are pleased to offer a 100% freehold interest in 65-67 Foveaux Street Surry Hills for sale by an expression of Interest
• High growth location in CBD fringe, in the heart of the thriving Surry Hills commercial precinct and provides excellent access to Sydney buses network as well as nearby Central Railway Station
• Land size: 488sqm approx.
• NLA: 1,455 sqm approx.
• 100% leased building with net income of approximately $694,563 + GST per annum
• Building was extensively refurbished in 2006
• Potential to infill rooftop balcony area into more Net lettable area
• Potential future residential conversation proposition (S.T.C.A)
Expression of Interest closing 19th of May 2015 ( Tuesday)
For more information or to arrange an inspection, please do not hesitate to contact the below agent.
Co Agents: Knight Frank

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Sale Price: Contact Agent    Building: 1455m²    Land: 468m²


SURRY HILLS ACCOMMODATION INVESTMENT

Hotel/Leisure | Retail

Located within a strong rental precinct, walking distance to Central Station
All 11 rooms are fully furnished with TV, fridge + wardrobe facilities in place
Registered boarding house, Zoned B4 Mixed Use
Current GAR $140,000 (approx.) with scope for rental improvement
Opportunity to capitalise on burgeoning budget accommodation market
Low maintenance property, recently refurbished + well-presented throughout
Large common + outdoor areas with shared toilet, kitchen + laundry facilities
Moments to cafes / restaurants, transport + vibrant Crown and Oxford St's
Stroll to Sydney's premier sporting precinct SFS, SCG + Moore Park
Within walking distance to the upcoming Eastern Light Rail Network
Auction
Tue 25th Oct @ 10:30am (unless sold prior)
Venue 50 Margaret Street, Sydney
Property Code: 1929

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Sale Price: Contact Agent    Building: 1m²

ICONIC 16 ROOM HIP HOTEL + RETAIL CALLING ALL HOTEL OPERATOR...

Hotel/Leisure | Development/Land | Retail

- Rare opportunity to purchase an existing hip hotel in Darlinghurst with Vacant Possession
- Ground floor restaurant/bar with 3am license leased to renowned ACME group under the banner of Bar Brose (www.barbrose.com.au) with extensive refit just carried out.
- Current passing rent - $198,624.24 + GST
- Dual Street frontage, moments from St Vincents Hospital, Kings Cross Station
- Land Area â?? 252m2 approx
Very rarely does an opportunity arise to purchase a Hip hotel in Sydney's East / Inner City. The option exist for an operator to run the hotel and enjoy the cash flow from the hotel and collect the rent from the ground floor tenants.
SALE â?? EOI ending Tuesday 10th May 2016
114 Darlinghurst Road and 231a Victoria Street, DARLINGHURST

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Sale Price: Contact Agent    Building: 660m²    Land: 252m²    Occupancy: Vacant

SOLD - SENSATIONAL CORNER LOCATION

Hotel/Leisure

Prominent 4 level, free standing building
A fully leased investment with two separate tenants
12 room boutique accommodation split over the upper 4 levels
Rare roof top terrace with city and Harbour views
Offering 2 street frontages with 18m facade to Pyrmont Bridge Road.
Internal area 455sqm approx.
Property Code: 1710

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Sale Price: Contact Agent    Building: 455m²    Occupancy: Vacant

SOLD $330K ABOVE RESERVE AT AUCTION. OUTSTANDING RESULT.

Hotel/Leisure

Gunning Commercial is pleased to offer for sale by public auction this outstanding bar/restaurant opportunity in Sydney's own "Little Italy". Recently refurbished from the ground up, 77 Stanley Street offers purchasers an opportunity to own and occupy or invest in this outstanding offering.
Fully fitted out as a bar/restaurant, the property also includes a valuable on-premise liquor license with primary service authorisation (P.S.A) that allows the incoming business to operate as a straight small bar or restaurant.
The property also features;
* Two fabulous outdoor terrace areas (one on rooftop) for outdoor dining or use as a beer garden;
* Private street facing balcony for use as a further dining/drinking area;
* On-street seating (footway) approval;
* Fully fitted out kitchen with 2 cool rooms;
* Private top floor office with toilet/shower;
* Rear lane access; and
* CCTV System
Auction:
Onsite: 11:15am, Saturday 12th April, 2014
To obtain a comprehensive information memorandum or to inspect, please feel free to contact the agents;

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Sale Price: Contact Agent    Building: 200m²    Land: 148m²

Suburb Summary -

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

* 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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