Victoria Court Hotel Sydney - SOLD

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Sold for 5,900,000 AUD Date of Sale: March 2014
Rooms: 25
Price Per Room: 236,000 AUD
Property Id : 30597

CBRE Hotels were delighted to present for your consideration the opportunity to acquire the freehold going concern of the Victoria Court Hotel Sydney. The 25 room boutique hotel made up of two grand Victorian Terraces, is located close to the heart of the Sydney CBD, in desirable and cosmopolitan Potts Point. The Victoria Court Hotel Sydney provides an opportunity for investors and/or owner operators to acquire an inner city accommodation asset and gain a foothold in the highly sought after and well performing Sydney hotel market. Made up of two separate titles, the property will also appeal to the residential investor seeking a grand terrace property or two separate individual terraces, just moments to the city. The current owner has operated the well performing business for over 20 years. With low fixed costs, and consistently high occupancy, the predominantly cash business is simple to operate and highly profitable.

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