Following on from the announcement of the successful sale of Paddington’s Rose, Shamrock and Thistle Hotel (The Three Weeds), HTL Property today proudly announces the successful sale of Erskineville’s stately Kurrajong Hotel.
Since last trading, the well-known and iconic inner-west located hospitality asset has undergone a complete makeover, including the addition of another level to enhance the now tri-level property with two full floors of boutique and market leading accommodation.
“The transaction reflects the continued and patent strength of the Sydney pub market, with significant interest from a broad range of buyers attracted to the hotel’s prominent corner position; and strategic location with regard the city fringe” advised HTL Property National Director, Dan Dragicevich.
The Kurrajong Hotel, renowned for its vibrant community atmosphere and traditional charm, boasts a spacious ground floor bar and dining area; and popular outdoor spaces hugging the perimeter of the evocative building envelope that has historically made it a longstanding favourite among locals and visitors alike.
The sale was exclusively managed by HTL Property’s experienced brokerage team, who coordinated a highly competitive expressions of interest campaign resulting in an exceptional outcome for all parties involved.
“The sale of the Kurrajong Hotel demonstrates continued robust demand for quality hospitality properties in prime inner-urban locations; and brings to 20 the number of Sydney pubs sold by our specialist agency this year alone” advised HTL Property Managing Director, Andrew Jolliffe.
The new owners are expected to continue operating the Kurrajong Hotel in line with its rich traditions, focusing on maintaining its standing as a lively and welcoming local destination
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