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Press Release

Absolute Waterfront Hotel For Sale by HTL Property

National specialist brokerage firm HTL Property is delighted to exclusively present the Freehold Going Concern interest in the Harrington Hotel, an extraordinarily rare absolute waterfront hospitality asset located in the vibrant Mid North Coast township of Harrington.

The Harrington Hotel is being offered for sale exclusively by HTL Property’s Dan Dragicevich, Andrew Jolliffe and Xavier Plunkett via an Expression of Interest campaign closing 4pm, Thursday 16 October 2025 (unless sold prior). HTL Property is also marketing the Kent Hotel in Hamilton, the Seabreeze Hotel in Nelson Bay and the Imperial Hotel in Maitland as part of a wider repositioning of the Hunt Hospitality Portfolio.

Occupying a commanding 3,004sqm* landholding on Beach Street, the Harrington Hotel enjoys uninterrupted water views, expansive outdoor terraces, and 35 car parks servicing the Hotel. Its highly visible position cements the venue as Harrington’s flagship hospitality offering, attracting both loyal local patronage and consistent year-round tourist visitation.

The venue offers a diverse mix of trading departments including a large public bar, bistro, multiple alfresco dining areas, a gaming lounge with 22 Band 2 Poker Machine Entitlements, and first-floor accommodation comprising six rooms plus a three-bedroom manager’s residence.

The Harrington Hotel generates average weekly revenues of approximately $105,000*, equating to annualised revenues of circa $5.45 million, with earnings well diversified across bar ($38,000*), bistro ($24,000*), gaming ($33,000), accommodation ($2,800*) and other sources ($6,000*).

“The Harrington Hotel represents a compelling investment, combining strong and diversified earnings with an unrivalled waterfront trading position,” commented HTL Property National Director, Dan Dragicevich.

The Mid North Coast is recognised as one of the most tightly held and desirable pub markets in New South Wales. The area benefits from strong demographic underpinnings, including population growth, resilient employment across tourism, agriculture, healthcare and professional services, and increasing year-round visitation.

“The Mid North Coast remains one of the most competitive and sought-after regional hospitality markets, with demand consistently exceeding supply,” noted HTL Property Investment Sales Agent, Xavier Plunkett. “Assets such as the Harrington Hotel benefit from convenient proximity to Sydney and Newcastle, strong scale and defensibility, and a resilient trade profile supported by loyal local patronage and steady tourist inflows.”

Recent sales of coastal hotel assets such as the Beach Hotel Byron Bay, Cabarita Beach Hotel, and South West Rocks’ Seabreeze Beach Hotel highlight the depth of capital seeking premium coastal pubs. With its absolute waterfront position, diverse revenue profile, and underwritten cashflow from gaming, the Harrington Hotel is expected to draw strong engagement from both large-scale operators and private capital seeking blue-chip coastal exposure.

“With limited comparable coastal assets of this calibre available, the Harrington Hotel campaign is expected to attract significant investor interest from a broad spectrum of buyers,” concluded Plunkett.

End.

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