Royal Albert Hotel, 140 Commonwealth Street,
Surry Hills, NSW 2010
Hotel, Motel & Leisure
Key property information
Floor area
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Map of Royal Albert Hotel, 140 Commonwealth Street
Royal Albert Hotel
- Rare Surry Hills freehold going concern hotel surrounded by some of Sydney’s edgiest bars and restaurants
- Annual revenues in excess of ~$1,500,000 with strong existing food and beverage business
- Passive income derived from seven first floor commercial offices - scope to reposition with a first floor Hospitality offering (STCA)
- Liquor licence with 12 x gaming machines attached which represents significant ‘held together’, divestment and/or lease value.
- 221 sqm* site with solid underlying land and building value combined with development upside (STCA)
- Well suited to food and beverage operators seeking a leasehold opportunity, passive investors seeking a secure and stable income and/or existing hoteliers seeking to relocate the gaming machines
*Approx.
- Annual revenues in excess of ~$1,500,000 with strong existing food and beverage business
- Passive income derived from seven first floor commercial offices - scope to reposition with a first floor Hospitality offering (STCA)
- Liquor licence with 12 x gaming machines attached which represents significant ‘held together’, divestment and/or lease value.
- 221 sqm* site with solid underlying land and building value combined with development upside (STCA)
- Well suited to food and beverage operators seeking a leasehold opportunity, passive investors seeking a secure and stable income and/or existing hoteliers seeking to relocate the gaming machines
*Approx.
Additional information
External websites
Surry Hills, 2010 demographic data
The median household income for Surry Hills is $2,308, 11% higher than Greater Sydney's household income of $2,077. Surry Hills has a younger age profile compared to the rest of Greater Sydney (median age 35 vs 37). Property ownership data shows 55% of property owners in Surry Hills have a mortgage.
15,828
Population
$2,308 per week
Median household income
35 years
Median age
Renters
Most residents
Singles
Most households
Royal Albert Hotel, 140 Commonwealth Street
Surry Hills, NSW 2010
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SYDNEY, NSW 2000
SYDNEY, NSW 2000
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