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CRITERION HOTEL

» CRITERION HOTEL
  
260 Pitt Street, Sydney, NSW, Australia
  • 30 EGMs (11 owned by lessee) with 24hr licence and long lease
  • Recent multi-million dollar refurbishment opposite new Pitt Street Metro Station - train stopping every 4 minutes - 40,000 commuters per hour
  • New gaming room and 19 3-star ensuite hotel rooms
  • Long term lease expiry 2038
  • 10 PMEs + 1 PMP owned by the Lessee with current value of over $1.5 million separately
  • Massive earnings with post renovation $3.50m EBITDA forecasted

For sale by Expression of Interest, closing Thursday 11th April 2019 at 4pm


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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