Top 5 Hotel / Leisure Sites Currently for Sale

CommercialReady.com.au are showcasing the top 5 most exciting Hotel / Leisure sites that are currently up for sale across Australia. 

From Hotels to pubs and everything accommodation/leisure, check out the latest sites that are now trending nationally. Whether you’re looking to buy, sell or research the market, our top 5 chosen sites will definitely catch your eye.

NSW: 

City Fringe Hotel + Art Deco Pub

21-33 Oxford Street, Paddington, 2021

Knight Frank and Oxford Agency are pleased to announced 21-33 Oxford Street, Paddington to the market. Sitting on an expansive 1,142sqm* site comprises a 64-room boutique hotel along with a decorative pub. The property has a substantial frontage of 42m* and is positioned on a corner lot. The property also highlights significant development potential. 

The commercial investment is being offered for sale via expressions of interest, which closes Wednesday June 16th, 2021 at 4pm (AEST).

VIC: 

The Bay Mordi

2-6 Centreway, Mordialloc, 3195

An iconic and established hotel investment has been placed up for sale in Mordialloc. Located on a corner lot and featuring a triple street frontage, this trophy investment property is a rare offering. Sitting on 649sqm* of prime land, the commercial investment features a restaurant, function venue and bar with beer garden. There is also over 200 public car parking in adjacent areas to the site. The property generates $420,069 pa* and the tenant pays for all the outgoings. The property comes with a secure 10 year lease top 2029 with options to 2049. 

The commercial investment will be sold by Burgess Rawson at their investment portfolio event, which will be held from 10:30am (AEST) on June 23rd at Crown Casino in Melbourne. 

Customs House Hotel 

159-163 Nelson Place, Williamstown, 3016

Positioned along Williamstown’s main waterfront boulevard, 159-163 Nelson Place offers a beautifully laid out hotel and entertainment venue, featuring two (2) levels of vintage hotel and pub decor. The commercial 1 zoned property has a large land size of 1,100sqm* and includes a sizeable 20m* frontage with rear car parking space. Known as the ‘Customs House Hotel’, the site generates $245,398 pa* with a fixed 5% annual increases. 

Marketed by CBRE and James Gregson Commercial, the property is for sale via expressions of interests closing July 15th at 2pm (AEST).

QLD: 

Backpacker Site with Development Potential 

40 Peninsular Drive, Surfers Paradise, 4217

A rare Surfers Paradise backpacker site has emerged for sale (by negotiation) on the Gold Coast. The significant 1,546sqm* area of land covers over three (3) blocks and is situated only 300m away from the iconic Cavil Avenue. The ‘L shaped’ site contains two (2) street frontages along with north facing views over the Main river. The existing backpacker business has been operating for 35 years and holds a liquor license. The property is also zoned for a high-rise with an unlimited height limit. 

Bourke Commercial are the listing agents.

TAS: 

Sharonlee Strahan Villas

23 Andrew Street, Strahan, 7468

Knight Frank are delighted to be offering both Sharonlee Strahan Villas and Marsden Court to the market. The Sharonlee Strahan Villas is a 3.5 star complex, which contains 10 holiday villas. The recently renovated site features a reception, office and laundry building. Whilst, Marsden Court is an upmarket 4 star complex, which includes 12 self-contained units. The site is fenced and contains driveway and parking areas. The two complex’s have a total land area of 11,686sqm* and includes 8 titles. The vendors are selling due to retirement after having owned the site for 46 years. 

The properties and business’ have an asking of $1,800,000.

* = Approximately 

Each week the top 5 sites from a different asset class will be chosen