The freehold of the Byng Street Boutique Hotel for sale by HTL Property's specialist accommodation Directors, Nic Simarro and James Carrick.
Specialist national brokerage firm, HTL Property, as exclusive agency, present the Byng Street Boutique Hotel Orange for sale via an Expression of Interest campaign.
The freehold of the Byng Street Boutique Hotel sale campaign will be managed by HTL Property's specialist accommodation Directors, Nic Simarro and James Carrick.
Nestled in the heart of Orange, this meticulously crafted Property offers a haven of luxury and tranquility amidst the vibrant surroundings of central Orange. Boasting 22 spacious and lavish rooms, the Byng Street Boutique hotel epitomises the essence of boutique hospitality, where every guest is treated to a personalised and unforgettable experience.
Additionally, the property offers a newly renovated 3 bedroom 2 bathroom home at the rear of the property; this is ideal for a manager's residence, or to be included in the letting pool for extra income.
Strategically situated amidst a veritable tapestry of experiences, the Hotel stands as a gateway to the rich cultural heritage and natural splendour that defines the Orange region. Surrounded by world-class wineries, artisanal eateries and captivating attractions, guests are invited to embark on a journey of exploration and indulgence - right from the doorstep of the Hotel.
The Byng Street Boutique Hotel is currently tenanted, however will become vacant from 21 July 2024; allowing an incoming purchaser a myriad of options, including acquiring the freehold land and buildings and introducing a new operating platform. Or alternatively, continuing operations with the current tenants/operators; treating this is as a blank canvas of opportunity to potentially establish a fresh accommodation offering that will greatly benefit from the established goodwill.
"Orange is consistently a top-five destination for regional NSW tourists; the town offers a vibrant night-life, and is surrounded by hiking trails, wineries and national parks" commented HTL Property Director, Nic Simarro.
"Accordingly, Orange has always been on the 'hit-list' for investors seeking exposure to a tourist favourite and high-growth proposition" added Simarro.
With its distinctive charm and prime location, the Byng Street Boutique Hotel presents a rare opportunity for discerning investors seeking to acquire a prestigious property in one of Australia’s most coveted tourism destinations.
Expressions of Interest for the Byng Street Boutique Hotel close at 4pm, 27 June, 2024.
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