St Leonards Hotel and Greenwich Inn
• 2 Hotels & licenced cafe/restaurant
• 36 boutique rooms & 13 car spaces
• R4 High Density Residential
• Net income in 2023 $1004,602
Held for 33 years, 196 Pacific Highway is a rare trophy investment that consists of two hotels and a licensed café / restaurant on one title, ideally situated in a prime and tightly-held Lower North Shore location.
Hotel St Leonards and The Greenwich Inn provides 36 boutique ensuite rooms in total including staff rooms and parking for 13 cars. Located in Australia's most prominent medical precinct, 196 Pacific Highway offers prospective investors an excellent opportunity to purchase a high income producing hotel investment with strong future growth and security fundamentals.
The Sydney accommodation sector is one of the strongest, most resilient markets in the Asia pacific, and has a long history of stability and growth which benefits from Sydney's status as Australia's financial and tourism capital.
For more information, please contact Brad Hillier 0405 371 109.
Shop 2, 6 Pine Tree Lane, Terrigal NSW 2260
brad@urbanandcoastal.au