CROWN HOTEL

SOLD
EXPRESSIONS OF INTEREST

Wexted Advisors are pleased to offer the Crown Hotel 587 – 589 Crown Street Surry Hills NSW 2010.

 

Key highlights include:

 

  • Landmark inner city gaming hotel generating blended annual revenues of $5,303,376*
  • Highly profitable revenue mix across bar, gaming, wagering and accommodation
  • 24 hour liquor licence with 3 hour gaming shutdown
  • 30 gaming machines – historically ranked as a consistent Top #150 gaming hotel
  • Prominent four storey building with 8 x accommodation rooms and rooftop residence – scope to
    activate a rooftop beer garden with district views (STCA)
  • Strategically situated at the corner of Crown and Cleveland Street in Surry Hills – well positioned to
  • Capitalise on the new Allianz Stadium precinct and Light Rail
  • Opposite TOGA’s $200m* Surry Hills Village mixed-use redevelopment – 200 apartments, 102 hotel
    accommodation rooms and 12,000 sqm* of retail – including Coles as the anchor tenant
    Please contact the undersigned agents for a copy of the Information Memorandum, access to the data room and/or to an arrange an inspection.

 

Under Instructions from Andrew McCabe & Joseph Hayes from Wexted Advisors as Receivers & Managers.

 

Expressions of interest closing Wednesday 6 April 2022.

 

For further information please contact Andrew McCabe of Wexted Advisors on (02) 9210 1700 or email [email protected].