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Press Release

Ultra Luxury Boutique Hotel for Sale by HTL Property

Specialist national brokerage firm, HTL Property (as exclusive agency), is pleased
to present the former the Freehold of Byng Street Boutique Hotel – Orange, for sale via an
Expression of Interest campaign.

The freehold of the former Byng Street Boutique Hotel sale campaign will be
managed by HTL Property’s specialist accommodation Directors, Nic Simarro and
James Carrick.

Nestled in the heart of Orange, this meticulously crafted Property offers a haven of
luxury and tranquility amidst the vibrant surroundings of central Orange. Boasting
22 spacious and lavish rooms, the former Byng Street Boutique hotel epitomises the
essence of boutique hospitality, where every guest is treated to a personalised and
unforgettable experience.

Additionally, the property offers a newly renovated 3 bedroom 2 bathroom home at
the rear of the property; this is ideal for a manager’s residence, or to be included in
the letting pool for extra income.

Strategically situated amidst a veritable tapestry of experiences, the Hotel stands as
a gateway to the rich cultural heritage and natural splendour that defines the
Orange region. Surrounded by world-class wineries, artisanal eateries and
captivating attractions, guests are invited to embark on a journey of exploration and
indulgence – right from the doorstep of the Hotel.

The Freehold of Byng Street Boutique Hotel is currently tenanted, however will become
vacant from 21 July 2024; allowing an incoming purchaser a myriad of options,
including acquiring the freehold land and buildings and introducing a new operating
platform. Or alternatively, continuing operations with the current tenants/operators;
treating this is as a blank canvas of opportunity to potentially establish a fresh
accommodation offering that will greatly benefit from the established goodwill.

“Orange is consistently a top-five destination for regional NSW tourists; the town
offers a vibrant night-life, and is surrounded by hiking trails, wineries and national
parks” commented HTL Property Director, Nic Simarro.

“Accordingly, Orange has always been on the ‘hit-list’ for investors seeking
exposure to a tourist favourite and high-growth proposition” added Simarro.
With its distinctive charm and prime location, the former Byng Street Boutique Hotel
presents a rare opportunity for discerning investors seeking to acquire a prestigious
property in one of Australia’s most coveted tourism destinations.

Expressions of Interest for the Freehold of Byng Street Boutique Hotel close at 4pm, 27
June, 2024.

End.

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