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JLL - Hotels & Hospitality Group

Ingleburn Hotel, 14 Ingleburn Road Ingleburn, NSW 2565

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Ingleburn Hotel, 14 Ingleburn Road,
Ingleburn, NSW 2565

Hotel, Motel & Leisure • Development Sites & Land • Other

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JLL - Hotels & Hospitality Group
John Musca

JLL - Hotels & Hospitality Group

Level 27, 180 George Street
SYDNEY, NSW 2000
JLL - Hotels & Hospitality Group
Ingleburn Hotel, 14 Ingleburn Road
Ingleburn, NSW 2565

Map of Ingleburn Hotel, 14 Ingleburn Road

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Top 80 Gaming venue with outstanding investment potential with scope to increase ROE in the short term.

  • 27 Gaming Machines
  • Coveted Top 100 Gaming Venue
  • Attractive B4 Mixed Use Zoning
JLL Hotels and Hospitality Group are delighted to offer for sale the Freehold interest in the Ingleburn Hotel, Ingleburn, Sydney. The Hotel is subject to an existing lease and presents as a standout investment opportunity for astute property owners as well as Hoteliers with a medium-term operating outlook. This is the first time the property has been offered for sale in 60* years.

Investment highlights include:

• Sensational ability to improve yield on acquisition from 3% to circa 10%*, and Return on Equity (ROE) from 9% to 28%, at the expiry of the tenancy (6 years remaining)
• One of the coveted top 100 gaming venues (ranked 76 in June 2019)
• Compatible asset sales show the venue worth an estimated $40 million minimum at lease expiry – potential $10 million uplift as a passive investment
• Restaple the asset within a 6-year investment horizon – lease expiry in 2025 – providing the option to sell a new lease, or enable control of operations
• Hotel Licence and 27 Gaming Machines (17 PMEs & 10 PMPs) owned by lessor
• Hotel is located at the heart of the proposed Ingleburn Precinct Plan, an aggressive Masterplan that will reshape the area and consist of high density residential and commercial development
• Drive-thru bottle shop with an additional 23 on-site parking spaces
• Large town centre, 2,239m² site with attractive B4 Mixed Use zoning
*Approx.

Property ID: 503347146Last Updated: 29 Dec 2019

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