Oxford Hotel in Darlinghurst leasehold listed for sale

Oxford Hotel in Darlinghurst leasehold listed for sale
Oxford Hotel in Darlinghurst leasehold listed for sale

the Oxford Hotel’s leasehold is up for sale in Sydney’s Darlinghurst. It enjoys annual revenues in excess of $2.3 million per annum with a 24 hour liquor licence with 21 gaming machine entitlements.

There are 24 years remaining on the lease (4 year initial term with 4 x 5 year options).

"It is currently operated under management - and would benefit from a more focused operator," the marketing agents advise.

Oxford Hotel in Darlinghurst leasehold listed for sale

The hotel has had a recent $1 million renovation and refurbishment.

It has 874 sqm GLA spread across four expansive levels - with an approved patron capacity of 670 people - including two bars, a cocktail lounge and a live performance area.

Oxford Hotel in Darlinghurst leasehold listed for sale

The corner location on Taylor Square provides future retail and commercial uses.

In 2007 the property was valued at $36 million. 

It was listed for outright sale in 2014.

 

 

Tags: 
Hotel Sydney

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