Unlock the potential of this 18-room boutique hotel, centrally located in Sydney's sought-after Potts Point/Kings Cross locale. Recently refurbished and leased to a long-term head-lease tenant, this property offers security with a 3 + 3-year lease, generating $299,520 annually. Situated on the iconic Darlinghurst Road, directly opposite Kings Cross Station, this exceptional location offers immediate access to renowned bars, world-class dining, boutique shopping, and luxury residences. Rumored to be Sydney's future "New Soho," this vibrant hub boasts unmatched cultural and entertainment appeal, all just moments from the CBD and Sydney's prestigious Eastern Suburbs. Key Features: * 18 bedrooms, 8 full bathrooms, 9 showers, 1 WC * 4 levels of accommodation * 313 sqm of floor space * Air conditioning in all rooms; communal WC facilities * Reception lounge on the first level * Zoned B2 Local Centre with a 22m height limit, FSR 3:1 * Returning $299,520 Per Annum Gross Surrounded by new residential projects and redevelopment proposals, this property is perfectly situated for future growth and returns. Additionally, strata levies cover public liability and income loss insurance, ensuring peace of mind. Step into Sydney's evolving hub. Secure this incredible investment with exceptional income and potential for redevelopment. Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.
