Sydney Hotel at least 6% yield

SG$ 85,000,000

Hotels, Central Region

121180 m²

? This 4 star hotel is at the city with 96 rooms with parking lots ? Hotel located in a highly exposed location at the most famous city, surrounding by world-famous shops, restaurants, bars, etc ? Hotel is in prime position and is mins walk to famous of interest ? Ideal hotel accommodation for families, corporate travellers and holiday makers ? Secure lease with 2+3 years upon renewal ? Huge potential to improve. Operator enjoying at least 6% yield Enjoy 90% and above occupancy rate. Asking $85 million (nego)

Listed by jenfoo