NORTHERN BEACHES INCOME GENERATING LAND BANK OPPORTUNITY

30 Ingleside Road, Ingleside, 2101

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Contact for PriceFor Sale
  • Ownership Type Other
  • Property Area 0 sqft
  • Bedrooms 30
  • Bathrooms 20
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

• Rare opportunity to acquire 3.5Ha/8.6ac
• Potential to redevelop/convert into a residential housing estate
• Going concern conference venues business historically generating up to $2.7m per annum.

CBRE Hotels are delighted to be exclusively appointed to sell the Sydney Conference & Training Centre. Key investment considerations include:
- Rare opportunity to acquire 3.51 hectares* (8.67 acres) of land in a prime Sydney Northern Beaches suburb with ocean views
- Optional lease agreement under a strong covenant with an international hotel brand franchise.

Redevelopment or conversion of the existing property provide numerous options:
- Conversion into a wide array of accommodation options
- Retirement living and aged care
- House and land package subdivision (Plans for 62 Housing & Townhouse lots*)

Existing facilities include:
- 56 hotel rooms of 4 star quality
- Resort-like facilities with pool, sauna and gymnasium
- Restaurant dining room seating up to 80 guests
- On-site residential cottage

*STCA – Unsubmitted plans drawn only.

Location on Google Map

30 Ingleside Road, Ingleside, 2101

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