Colliers International and JLL are taking the landmark Sydney beachside investment, The Clovelly Hotel, to market.
"Just a short stroll to the sand from this stunning beachside locale, this iconic fully-renovated state-of-the-art hotel is underpinned by a single tenancy to a world-class hotel group." says brokering agent Miron Solomons of Colliers International.
"The commanding 1,708sqm land holding features a stunning fit out, extensive outdoor areas and basement parking. It is offered with a triple net lease and an income of $1,616,000 approximately per annum."
"The Clovelly Hotel is the only prime beachside freehold hotel with a secure long-term lease to world-class operators," adds John Musca of JLL Hotels and Hospitality Group.
"Features of the sale include its prized Eastern Suburbs beachside location, a renowned blue chip tenant and long term further development potential (STCA)."
The Clovelly Hotel is offered for sale by Expressions of Interest.
To arrange an inspection or enquire the EOI closing date please phone or email John Musca of JLL or Miron Solomons and Peter Seeto of Colliers International.
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