AAA Blue Chip Mixed Use Investment
Address
102-106 Oxford Street, PADDINGTON NSW 2021
Size
Total Area: 1300 m2
Details
I.B Property in conjunction with JLL Hotels & Hospitality Group is pleased to exclusively offer the Unicorn Hotel, Paddington to market for sale.
Affectionately known as ‘Fringe Bar’ and offered with vacant possession for the first time in over 15 years, the endearing hotel offers astute hoteliers the chance to seize on one of the great hospitality businesses in Sydney’s affluent Eastern Suburbs.
With the diminishing availability of pubs in this market and with enormous repositioning potential, The Unicorn might just be the last opportunity to enter the pub market at this price point.
Key attributes:
– First time offered with Vacant Possession in over 15 years!
– Prominent location on Sydney’s famed Oxford Street
– Sought-after hospitality precinct currently undergoing major transformation
– 3AM trading approval – the latest hotel license on Oxford Street between Taylor Square and Bondi
– Additional $127,000* in Net Rental Income generated via first-floor commercial tenants
– Future development scope with favourable planning guidelines (STCA)
For more information or to register for the next inspection, please contact the exclusive selling agents.
I.B Property:
Steffan Ippolito 0403 347 111
JLL:
Kate MacDonald 0412 726 676
Ben McDonald 0414 182 848
