162 Flinders Street, Paddington

Selling the Captain Cook Hotel, totally off market selling as a private sale

| For Sale

544 m2
$19,500,000
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Description

offering 4 streets frontages, Anzac Parade, Moore Park Rd, Josephson St & Flinders St, 4 level Free hold building. Land area 544 m2, wide frontages, Flinders Street Frontage (West) 30.709 metres, Josephson Street Frontage (North) 25.165 metres, was built in 1914, have been totally refurbished, with Accommodation comprising of Ground Level restaurant, with full Commercial Kitchen, Bar, & Sports Bar area, with basement Facilities, Gaming room, & outdoor Beer garden, Plus the 23 rooms above, totalling 95 beds, Partially Renovated Backpackers Accommodation, Ground floor has gross lettable area of 532 m2, the balance of the 3 levels have gross area of 758 m2, not including the Roof Terrace, Ground Level Hospitality area is accessible from 3 Frontages, Including additional area Outdoor Council licensed seating area, Upstairs accommodation has separate access, currently closed, Owner passed away, was sold as an investment, current valuation $20 million, Zoned B4, has many sues,
Selling this very popular Hotel including 15 poker machines, all inclusions,
The hospitality accommodation is summarised as follows:
• Main entry to bar area;
• A general open plan bar and dining/seating area;

$ 19.5 million, offers welcome, willing owners

Property Location