Iconic real estate and operating venue in underpubbed area - fantastic hotel & value add property attributes!
Offered for only the second time in over two decades, Minskys Hotel & Commercial Suites provide so many exciting opportunities for property investors and hoteliers alike:
- Over 3,340sqm of Prime Lower North Shore Real Estate
- 1,700sqm first floor commercial space featuring fully fitted bars, club, function rooms ripe for reactivation or re-lease & strata sell down strategy
- Multiple titles allows for variety of value add and exit strategies circa $10 million of underlying value in underutilised first floor areas alone
- Features include a prime separate 425 sq m retail tenancy offering click and collect / drive through capability
- Renowned premium trading location fully supported by ample free customer parking
- 24-hour licence with huge patron capacity
- Hotel Licence and 25 gaming entitlements/permits separately worth circa $13 million
- Utilising less than one third of the trading footprint, has a history of generating $2.5m of EBITDA virtually from ground floor areas only!
- No late trading competitor venues in precinct - The Oaks, Buena and Mosman Hotel, all early closers!
For further information please contact the exclusive selling agents.