HTL Property is pleased to present to market the Freehold of Byng Street Boutique Hotel, a blank canvas business opportunity underpinned by a substantial freehold site superbly located in Orange, a vibrant regional city and popular tourist destination.
Key Investment Highlights:
• Prime location in the heart of the Orange CBD, a top tourist destination
• 22 luxury suites within a heritage homestead with modern extension
• Rare blank canvas business opportunity; vacant possession sale
• Substantial 3,950sqm* freehold site with dual frontage and flexible zoning
• Freestanding three bedroom, two bathroom manager’s residence
• Walk to gourmet restaurant, boutique retailers and cultural attractions
• Current lease expires on 31 July, 2024 – business/operators available by negotiation
• Renowned wine region abundant with cellar doors and vineyards
• Excellent revenue growth potential via F&B and/or functions offering
• Within an easy 3.5hr* drive of Sydney making it an ideal weekend getaway
• 8m* visitors in 2023; a top five destination for regional NSW travel
With its distinctive charm and prime location, the Freehold of Byng Street Boutique Hotel presents a unique opportunity for discerning investors to establish a fresh accommodation offering that will benefit from existing goodwill and one of Australia’s most coveted destinations.
The Freehold of BYNG Street Boutique Hotel is for sale via an exclusive Expression of Interest Campaign closing at 4pm on Thursday, 27th June 2024.
** Disclaimer: furnishings available subject to negotiations with the current tenant/operators
1. Prime location in the heart of the Orange CBD, a top tourist destination.
2. 22 luxury suites within a heritage homestead with modern extension.
3. Rare blank canvas business opportunity; vacant possession sale.
4. Substantial 3,950sqm* freehold site with dual frontage and flexible zoning.
5. Freestanding three bedroom, two bathroom manager’s residence.
6. Close proximity to gourmet restaurants, boutique retailers, and cultural attractions.
7. Current lease expires on 31 July, 2024 – business/operators available by negotiation.
8. Located in a renowned wine region with abundant cellar doors and vineyards.
9. Potential for excellent revenue growth through F&B and/or functions offering.
10. Within an easy 3.5hr* drive of Sydney, making it an ideal weekend getaway.
11. Expected to receive 8m* visitors in 2023; a top five destination for regional NSW travel.
12. Distinctive charm and prime location make it a unique opportunity for investors.
13. Existing goodwill and popularity of the destination will benefit the business.
14. Expression of Interest Campaign closing at 4pm on Thursday, 27th June 2024.
15. Furnishings available subject to negotiations with the current tenant/operators.
