BAM Secures Option Over El Toro Hotel

23rd October 2015

Bondi Asset Management has reached agreement to secure an option over The El Toro Hotel in Liverpool

BAM intends to raise funds for its second fund SLGPG Fund No. 2 (El Toro) to facilitate the purchase of the El Toro Hotel in Liverpool. The El Toro is an exciting property boasting both a hotel and motel sitting on 14,000m2. It represents an opportunity to capitalise on the significant growth that BAM expects to see in the Western Sydney growth corridor. Liverpool Council has shown it propensity to ‘cut out the red tape and roll out the red carpet’ and BAM believes that it has the experience and expertise to achieve the development goals that the Liverpool Council are seeking. BAM hopes to have the SLGPG Fund No. 2 (El Toro) set up in the very near future and hopes to be raising funds before the end of the year.