Share this property

realcommercial.com.au

485 King Street Newtown, NSW 2042

Directions

485 King Street,
Newtown, NSW 2042

Hotel, Motel & Leisure

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

Sold on

Map of 485 King Street

Directions

Rare Sydney Metropolitan Hotel Opportunity - Building & Business for sale

  • Located on Newtown's famous King Street
  • Variety of different usages available
  • CBD, Airport and Universities all nearby
The Australian Sunrise Lodge is a 22 room boutique hotel property that is well located on Newtown's famous King Street, and is surrounded by a lively array of restaurants, cafés and entertainment venues.

While the building façade offers Victorian charm, the hotel itself was built anew in 1988 and began operating as the Australian Sunrise lodge at that point.
The building is spread over three levels of accommodation with rooms featuring Juliet balconies overlooking a quiet, leafy courtyard.
The ground floor reception area is very spacious and offers the opportunity for alternate use, such as a café/bar, which would capitalise on this great street frontage

The Australian Sunrise Lodge is being offered for as a building and business, allowing owner operators to inherit and build upon the long term goodwill associated with the business.
The potential offered by the boutique property is significant. A re-focused approach to management that concentrates on driving greater online business will yield strong trading upside for an incoming operator.
There is also the opportunity for selective enhancement works that can generate improved returns.
With its central location and flexible zoning, the property also offers alternate uses such as student accommodation, backpackers, residential and retail.

Australian Sunrise Lodge lies in the heart of the bustling inner city suburb of Newtown.
This central location is close to Sydney Airport and the Sydney CBD. Sydney University, the University of Technology, the Royal Prince Alfred hospital and Enmore theatre are within minutes from the property.
The hotel is surrounded by the bustling restaurants and cafes that make King Street so famous. Public transport is within easy walk from the hotel, making access into the city a breeze.

This is a rare opportunity to secure a vacant possession Sydney hotel. With a lack of new supply entering the Sydney hotel market and buoyant occupancy levels, the outlook for Sydney’s hotels is very positive in the years ahead.
Don't let the sun set on this amazing opportunity with the Australian Sunrise Lodge.

Property ID: 501262891Last Updated: 20 Nov 2014

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
02 9257 02...
realcommercial.com.au logo
485 King Street
Newtown, NSW 2042
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.