HTL Secures Record Regional NSW Pub Sale

HTL Property is very pleased to announce the sale of the Robin Hood Hotel in Orange for a regional NSW record price.

The Vendors, Marlow Hotel Group (MHG), are heading into their third generation of family operators, and boast an impressive portfolio of eight family-friendly venues. MHG were also responsible for managing the Crossroads Hotel, which HTL Property sold in mid 2022 at an all time Australian  record price for a hotel.

The Marlow family purchased the venue through HTL Property in late 2020 and went about substantially repositioning the already popular hotel operation, incorporating a brand new bistro and indoor kids playground, new beer gardens and additional car parking to cater for the increased demand attracted.

The property adorns an expansive 32,700sqm suburban site, has always been considered ripe for future subdivision and/or mixed use redevelopment, and is virtually unopposed in the growing North Orange development corridor.

“The Robin Hood exhibits the very best of value accretive pub fundamentals and through Marlow Hotel Group’s hard work and expertise, these have been activated with the results evident in the venue’s patronage and trade” advised HTL Property’s National Director, Dan Dragicevich.

“Regional centres such as Orange benefited greatly through the pandemic years, and continue to draw the attention of astute capital investors with the successful buyers being a syndicate of local operators and investors led by Tim Ireson and Ben Cochrane” added HTL Property Director, Blake Edwards.

The record regional sale of the Robin Hood Hotel within the first 8 weeks of 2023, adds to a very active national transaction landscape for the sector, and which has generated in excess of $515m already.

“With robust revenue attraction being enjoyed, the imminency of greater legislative clarity in the near future, and continued major lender body support; the asset class firmly exists as a first choice investment option for both corporate and private vehicles nationally” concluded HTL Property Managing Director, Andrew Jolliffe.

End.