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Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207

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Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207

Bexley North

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Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207

Bexley North

Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207

Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207

Properties / Buy / New South Wales / Bexley North
Development Potential
Property Type
Residential, Commercial, Mixed Use
Sub Type
Land Site, Hotel Sites
Land Area
4,236 m² (*approx)
Zoning
MU1
Selling Method
EOI:
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Bexley North Hotel | Mixed-Use Development Site
  • MU1 Mixed-use zoning
  • Top #100 gaming hotel
  • 4,236sqm* land holding

- Landmark large format hotel with both compelling business and mixed-use redevelopment upside (STCA)

- Owned by the same family for the last 40 years – one of the last privately owned and operated Sydney pub assets of this scale and magnitude

- Generating ~$11,000,000 in annual revenues across bar, bistro, gaming, wagering, accommodation and retail liquor

- 24 hour liquor licence with 3 hour weekend gaming shutdown - maximum allowable 30 x gaming machines (15 x permits & 15 x entitlements)

- Average NSW state gaming ranking of #98 over the last four quarters – all the core trading attributes of a TOP #50 gaming hotel

- Large trading footprint with almost half of the hotel under-utilised and seldom traded

- Exclusive trading catchment and virtually unopposed in terms of pub and club competitors – adjacent Bexley North train station and ~150 space council car park

- Occupies a significant 4,236 sqm* land holding with attractive and favourable imminent rezoning to MU1 Mixed-Use, 3.0 – 3.6 :1 FSR & 35m height

- Recent Gateway Determination by NSW Planning supporting plans for a two tower mixed-use development comprising hospitality, commercial, retail, residential and accommodation - this is anticipated to yield in excess of 13,500 sqm* of gross floor area

For more information, please contact agent.

*Approximately.

Remember to mention you found this property on DevelopmentReady

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Development Potential

Development Site Summary

Property Type
Residential, Commercial, Mixed Use
Sub-type
Land Site, Hotel Sites
Land Area
4,236 m² (*approx)
Selling method
EOI:

Development Site Highlights

Bexley North Hotel | Mixed-Use Development Site
  • MU1 Mixed-use zoning
  • Top #100 gaming hotel
  • 4,236sqm* land holding

- Landmark large format hotel with both compelling business and mixed-use redevelopment upside (STCA)

- Owned by the same family for the last 40 years – one of the last privately owned and operated Sydney pub assets of this scale and magnitude

- Generating ~$11,000,000 in annual revenues across bar, bistro, gaming, wagering, accommodation and retail liquor

- 24 hour liquor licence with 3 hour weekend gaming shutdown - maximum allowable 30 x gaming machines (15 x permits & 15 x entitlements)

- Average NSW state gaming ranking of #98 over the last four quarters – all the core trading attributes of a TOP #50 gaming hotel

- Large trading footprint with almost half of the hotel under-utilised and seldom traded

- Exclusive trading catchment and virtually unopposed in terms of pub and club competitors – adjacent Bexley North train station and ~150 space council car park

- Occupies a significant 4,236 sqm* land holding with attractive and favourable imminent rezoning to MU1 Mixed-Use, 3.0 – 3.6 :1 FSR & 35m height

- Recent Gateway Determination by NSW Planning supporting plans for a two tower mixed-use development comprising hospitality, commercial, retail, residential and accommodation - this is anticipated to yield in excess of 13,500 sqm* of gross floor area

For more information, please contact agent.

*Approximately.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

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Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207

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Property Location of Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207

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Bexley North Hotel 187 Slade Road, Bexley North, NSW 2207 Bexley North
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