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WEST VILLAGE HOTEL

» WEST VILLAGE HOTEL
30 Terminus Street, Petersham, NSW, Australia

CBRE Hotels are delighted to be exclusively appointed to offer for sale the freehold going concern interest in the West Village Hotel, Petersham.

Key investment considerations include:

  • Entry-level inner west trading opportunity with exclusive catchment
  • Well balanced revenue streams delivering on average $66,000 per week
  • Recent $2 million renovation and refurbishment – excellent condition and nothing to spend
  • 8 x gaming machines – no smoking-solution and 63 x gaming machines removed from immediate competitors over the last 24 months
  • 21 x accommodation rooms – next to Petersham train station and proximate to RPA Hospital and UNSW
  • Expansive three level trading footprint with extensive outdoor areas and small car park
  • 696sqm corner site across two separate lots – scope for further redevelopment (STCA)
  • Strategically positioned to capitalise on the Parramatta Road Growth Corridor – 27,000 new homes and 50,000 new jobs
  • Represents compelling value when measured against recent and comparable pub sales

For Sale by Expressions of Interest Closing Thursday 20 April 2017 at 5pm (if not sold prior)


 

 

 

 

 

 

 

 

 

 

 

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