Lord Gladstone Hotel

HTL Property is delighted to announce the sale of the Lord Gladstone Hotel, Chippendale.

Key investment considerations included:

• Trading opportunity in emerging precinct
• Generating revenues in excess of $3.2 million per annum – $63,263 ex GST* per week
• 5 poker machines – all within a smoking solution
• Rare extended trading authorisation – trade until 3am (Thursday – Saturday)
• Large beer garden – licensed to trade until 3am (Thursday – Saturday)
• Situated outside of the lockout zone and proximate to other ‘edgy’ food and beverage venues
• Proximate to the Central Park development and precinct – South City Gateway Precinct
• Strategically positioned within Chippendale and between Redfern/Central train stations
• Strong underlying land and building value – 288sqm (approx.), B4 Mixed Use zoning, three street frontages
• First floor bar and gallery/event space
• Huge social media presence across all channels