![]() The Botany transaction follows the sale of the adjacent Waterworks Hotel on behalf of listed company Lantern Hotels for $17.25 million in 2016. Mr Dragicevich said the Botany asset was not sold on traditional yield metrics, but noted that freehold pubs in the Sydney Metro area were, more broadly, trading on yields of between 7.5 per cent and 8.5 per cent. It is the third freehold sale in metro Sydney this year following the acquisition of Alexandria's Camelia Grove for $16 million and the purchase by former Wallaby front-rower Bill Young of Five Dock's Illinois for about $15 million. Mr Dragicevich said the hotel market in Sydney was strong with a flurry of deals kickstarting 2020 as buyers competed over very few assets on the market. “The hotel’s gaming performance is well placed to improve following the introduction of a gaming room smoking solution, especially when considering the already very strong and proximate competitor set,” Mr Handy said. HTL Property’s Sam Handy and Daniel Dragicevich negotiated the off-market transaction. Our 547 rooms, including 96 suites, assure the hotel guest a choice of deluxe Anchorage accommodations and unique views. I’m in it for the long haul now but I still enjoy taking a few sporting events around the world every now and then,” he said. “It is nice to get some economies of scale and buying power. It's the third pub Mr Livingstone owns in Sydney – he bought the Charing Cross Hotel in Waverley in 2013 and Hotel William in Darlinghurst in 2017, which has since re-opened as Hyde Park House. A development application has been approved for a new gaming room. The pub, which was built in 1906, operates under a 24-hour liquor licence and has 18 gaming machines. The Captain Cook Hotel in Botany was built in 1906. ![]() Mr Livingstone, the founder and managing director of sports-tourism group Fanatics, bought the property, which is located in the commercial precinct of Botany – between Sydney Airport and the Port of Sydney – from its long-time owners, the Shannon family. Airport (ANC).The Captain Cook Hotel, a heritage-listed pub with a gaming room and accommodation in the south-east Sydney suburb of Botany, has sold for $17 million in an off-market deal to local businessman Warren Livingstone. The preferred airport for Hotel Captain Cook is Ted Stevens Anchorage Intl. Airport (ANC) - 9.3 km / 5.8 miĪnchorage, AK (MRI-Merrill Field) - 4.8 km / 3 mi National Archives at Anchorage - 0.5 km / 0.3 mi Log Cabin Visitor Information Center - 0.5 km / 0.3 miĭena'ina Civic and Convention Center - 0.5 km / 0.3 mi Sleeping Lady Brewing Company - 0.5 km / 0.3 miĪlaska Experience Theatre - 0.5 km / 0.3 mi Egan Civic and Convention Center - 0.4 km / 0.3 miĪlaska Center for the Performing Arts - 0.5 km / 0.3 miĪnchorage Alaska Public Lands Information Center - 0.5 km / 0.3 mi Town Square Municipal Park - 0.4 km / 0.3 mi Tony Knowles Coastal Trail - 0.3 km / 0.2 mi Imaginarium - Science Discovery Center - 0.2 km / 0.1 mi This property affirms that it adheres to the cleaning and disinfection practices of SafeStay (AHLA - USA).ĭistances are displayed to the nearest 0.1 mile and kilometer.Individually-wrapped food options are available for breakfast, lunch, and dinner, and also through room service. ![]()
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