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Hotel/Leisure in Elizabeth Bay
BLUE RIBBON CO-LIVING INVESTMENT OPPORTUNITY w/ DEVELOPMENT UPSIDE^
- Building: 890m²
- Land: 183.4m²
Ray White Commercial, in collaboration with HTL Property, is pleased to present to market 39A Elizabeth Bay Road, Elizabeth Bay. The property is offered for sale.
Highlights of the asset include:
- Six level building with rooftop
- 42 self contained rooms with shared facilities
- Net annual revenues of $438,542* FY24
- Communal laundry, kitchen, living area & rooftop
- Substantial GFA of 890sqm*
- Previously DA approved for boutique hotel with two additional floors
- May suit residential conversion
- Prime inner city location, 2km* from Sydney CBD
- Walking distance to Kings Cross & Potts Point Entertainment Precinct
39A Elizabeth Bay Road, Elizabeth Bay is offered for sale.
For further information, please contact the exclusive selling agents.
*Approximately
^STCA
Building:
890m²
Land:
183.4m² / 0.05 acres
Zone:
MU1: Mixed Use
Tenancy:
Vacant
Categories:
Hotel/Leisure, Other
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