An opportunity to acquire a strategic Sydney CBD Hotel Development site valued at A$150m
Investment strategy –
To acquire the targeted site, enter a hotel management agreement with an operator and construct the hotel and either sell the hotel on completion or hold the asset for the medium term.
Acquire further hotel opportunities either existing assets or development opportunities
portfolio sale, compliance listing or individual assets sales to maximize return for investors
A number of international and regional hotel brands have expressed interest in operating the site
Project description: Two 4+ star Hotels with approx.. 320 rooms and 114 car spaces
#Australia #Sydney #Hoteldevelopment #Realestate