Landmark Southern CBD Freehold Hotel with Excited Mixed-Use Redevelopment Potential (STCA)

Details

I.B Property is pleased to present the Landsdowne Hotel at 2-6 City Road, Chippendale for sale via Expressions of Interest.

Key investment highlights:

– Landmark Southern CBD freehold within a dynamic precinct with strong residential growth
– 5:00am liquor licence with rare first floor extended trading approvals
– Expansive four level hotel with one of the CBD’s largest combined pub trading footprints – new rooftop beer garden
– Compelling upside via renovation, refurbishment and repositioning with an ‘edgier’ food and beverage proposition
– Surrounded by several consistent TOP 250 gaming hotels
– 12 x accommodation rooms and clear opportunity to capitalise on the resurgence of the international student market
– Favourable planning approvals in place which may support further redevelopment of the site (STCA)
– Incredible growth and demand drivers for the surrounding precinct including the University of Sydney, RPA Hospital, Broadway Shopping Centre and the Central Park precinct

For more information, please contact the exclusive listing agent.