Hunts Hotel Liverpool for sale by JLL’s Andrew Langsford, Nick Roche, Dylan McEvoy, and Ben McDonald.
JLL Hotels & Hospitality Group has been exclusively appointed to offer for sale the Hunts Hotel Liverpool, a unique opportunity to gain a 2.14 ha foothold in on of Sydney’s fastest growing locations. Nearby entry to the M5 and M7 motorways provides access to a growing population of 1.5 million within a 25-minute drive time, enhanced by key employment & infrastructure investment hubs such Liverpool CBD, Moorebank Intermodal and Western Sydney Aerotropolis.
Hunts Hotel Liverpool features 140 guest rooms and apartments together with a restaurant, lounge and bar, generously sized conference and meeting spaces, and various outdoor amenities including swimming pool and tennis courts.
Andrew Langsford, Senior Vice President at JLL Hotels & Hospitality Group said; “Offered with vacant possession an incoming owner can introduce a new brand to reposition the asset and drive performance through a dynamic rate model and active sales & marketing strategy, generating significant cash flow.”
The generous land size and prime location allows for a number of short- and long-term value add strategies. Under the current ‘B6 – Enterprise Corridor’ zoning permitted uses include shop top housing, commercial, business, entertainment, and warehousing (STCA).
Current planning controls also facilitate around 7,000sqm of additional Gross Building Area across the site, allowing an incoming purchaser to add further amenity, leveraging the sites exposure to 55,000 daily passing vehicles.
Ben McDonald, Senior Vice President at JLL Hotels & Hospitality Group said; “We anticipate significant depth of interest from a wide-ranging investor set, including hotelier’s given the potential to apply for a Hotel Licence with up to 30 gaming machines and noting the record setting sale of the Crossroads Hotel for $150m directly across the street.”
Nick Roche, Vice President at JLL Hotels & Hospitality Group said; “Sydney’s Southwest corridor provides significant upside with a growing population and economy, supported by multiple tiers of government. The population of Liverpool LGA is forecast to grow at 2.7% p.a. to 2036, necessitating over 40,000 new dwellings in this period, while the number of jobs is expected to more than double from 2018 to reach around 59,300 by 2046.”
Hunts Hotel Liverpool is for sale by Expressions of Interest closing on 18 August 2022 and the sale is being exclusively handled by JLL’s Andrew Langsford, Nick Roche, Dylan McEvoy, and Ben McDonald.
For more information please contact the agents via the contact form below.