Internal Ref: 1P2982
Summary
Carlisle Castle Hotel, Newtown MQ & Associates are honoured in bringing to market the freehold going-concern interest in the Carlisle Castle Hotel, Newtown via Expression of Interest for the first...
Location Details
Albermarle Street
About the Business
Carlisle Castle Hotel, Newtown
MQ & Associates are honoured in bringing to market the freehold going-concern interest in the Carlisle Castle Hotel, Newtown via Expression of Interest for the first time in 60 years.
Key investment highlights include:
- Classic two-storey freehold hotel occupying a prominent corner position in the heart of Newtown and held in the same family for over 60 years
- Substantial 568.8sqm (approx.) landholding in a high-value inner-city location, underpinning long-term capital value
- Comprising a public bar with original stunning Italian imported marble bar, lounge seating, billiards room, beer garden, bottleshop, bistro (operated by a third party) and fully equipped commercial kitchen
- Includes 10 gaming machine entitlements currently leased out, offering scope to reintegrate and boost in-house trade or continued passive income
- Upper-level accommodation comprising 13 rooms currently let with permanent occupants
- Opportunity to internalise both gaming and food operations to unlock further value and operational control
- Strategic location within walking distance to King Street's vibrant retail and dining precinct, Royal Prince Alfred Hospital, The University of Sydney, and Carriageworks arts precinct
For Sale by Expression of Interest closing
4:00pm Thursday 21 August 2025
(unless sold prior)
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