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GREENWOOD HOTEL

» GREENWOOD HOTEL
  
36 Blue Street, North Sydney, NSW, Australia
  • Absolute Landmark Hotel operation – a Sydney favourite since its inception as a Hotel in 1992
  • First time ever offered to open market – two owners in 25 years
  • Located in the heart of North Sydney CBD adjacent to the transport interchange and atop the Greenwood Plaza Shopping Centre
  • Huge 1,761sqm trading footprint spanning four bars and massive outdoor areas with 1,500 person capacity
  • Primed to take advantage of the explosion in residential and commercial development in the surrounding precinct
  • Enviable cash flows in excess of $8m per annum with very palatable rental level and lease terms
  • Further upsides in the gaming and function areas of the business to take advantage of the ever expanding local market
  • 20 year lease (10+10) with CPI increases and current base rent of $760,000 approx

 

 

 

 

 

 

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