Lake Macquarie Hotel for Sale by HTL Property

Leading national agency HTL Property is pleased to present to the market the Freehold Going Concern interest in the Museum Hotel, West Wallsend – located in the high-growth corridor of Lake Macquarie and the Western Newcastle region.

Offered for sale via an Expression of Interest campaign, the opportunity is being managed exclusively by HTL Property’s Xavier Plunkett and Ben Kennedy.

Occupying a commanding 662sqm* high-exposure corner landholding with over 52 metres of combined street frontage to Laidley and Wilson Streets, the Museum Hotel represents a rare and highly versatile hospitality investment underpinned by significant in-situ value.

Comprising 10 x highly valuable Band 2 Poker Machine Entitlements, the offering represents a compelling poker machine entitlement acquisition opportunity for both existing operators and greenfield opportunities within the Lake Macquarie LGA.

The hotel includes a public bar, bistro area, gaming room, commercial kitchen, six accommodation rooms, and a two-bedroom manager’s residence.

The current owner derives approximately $266,000 per annum in passive income via the lease of both the building for accommodation purposes, and the gaming entitlements; delivering an attractive holding income while preserving the opportunity for future reactivation or redevelopment.

“This is a rare blank canvas opportunity in a strategic growth corridor,” advised HTL Property’s Xavier Plunkett. “The venue is perfectly positioned for a hotelier looking to re-establish a trading operation, or an existing group seeking to acquire additional entitlements within the tightly held Lake Macquarie LGA” Plunkett added.

Lake Macquarie is one of the fastest-growing coastal regions in New South Wales, with the area underpinned by significant public and private infrastructure investment. The local population is expected to grow significantly over the next two decades. Population modelling predicts an increase from 214,054 in 2021 to 260,196 by 2046, with the fastest growth anticipated between 2021 and 2026 (Source: Remplan). Subsequently, Median house prices in the region have increased at a compound annual growth rate of 10.6%.

“This asset’s location, significant entitlement holding, and flexible investment profile will likely attract attention from a wide cross-section of the market” commented HTL Property’s Ben Kennedy.

The Museum Hotel, Lake Macquarie is being offered for sale as a Freehold Going Concern via an Expression of Interest campaign closing Thursday, 21 August 2025 (unless sold prior).