485 King Street,
Newtown, NSW 2042

Building & Business for sale

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 sale 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.

Expressions of Interest close 4pm 26th September 2014.