Sunnybrook Hotel & Convention Centre enjoys a high profile suburban Sydney location with enormous exposure to Hume Highway – one of the major arterial routes in the south-west.
Approvals are in place to subdivide the Property into three separate strata lots and these are being offered to the market either in-one-line or on an individual basis.
Incoming purchasers have the opportunity to acquire the following:
- Lot 1 – Existing trading tavern and gaming room (potential for 30 pokies) with development approval for a new licensed hotel and entertainment venue with a 400 seat Asian restaurant;
- Lot 2 – Function complex currently leased to a leading event operator;
- Lot 3 – Hotel with 141 guest rooms, restaurant, swimming pool and car park. Available with vacant possession.
The Asset has been owned and operated by a single family since opening in 1986. In recent years much of the owners focus has been the securing of redevelopment approval for this strategically and locally significant Property.
The Sunnybrook Hotel and Conference Centre is set on approximately 3.365 hectares overlooking the neighbouring Warwick Farm Racecourse – one of New South Wales’ most prestigious racetracks. At an estimated development cost of $50 million, the racecourse is currently undergoing a substantial upgrade, which upon completion will become an integral part of Australia’s thoroughbred industry, providing a major boost to the surrounding locality.