Savills is pleased to present to market The Captain Cook Hotel located at 162 Flinders Street, Paddington.
Situated on the doorstep of the Sydney CBD & in the heart of Sydney's entertainment precinct, the asset sits on a significant 544sq m* site, and is located on the corner of Flinders Street and Moore Park Road. The asset features a four-storey building with a striking rooftop offering 360-degree views of Sydney.
The asset is strategically located only a short walk away from the Sydney Cricket Ground, the new Allianz Stadium and the Entertainment Quarter. The light rail connected to Central Station allows for increased pedestrian traffic in the precinct. This infrastructure around this area, in particular - the new Allianz Stadium, has shocked the suburb of Paddington and is seeing this entertainment prescient boom at rates never experienced before.
The Hotel offers a multi-stream income offering to any investor or owner occupier, consisting of food & beverage, gaming, accommodation, and retail liquor. It is a popular venue with both locals and visitors.
The venue comprises of 22 accommodation rooms, a penthouse, rooftop area adjoining a private and expansive bar, 15 valuable Band 1 Poker Machine Entitlements, a single service ground floor bar, two separate dining spaces and a compact functional kitchen with adjacent cool room and dry stores.
The property will be sold via In-room Auction on Tuesday 25 October commencing at 10:30am. The auction will be held at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.
For further information, please contact the exclusive Sales Agents listed below.
*Approx.