Large Format Pub Sold in North-West Sydney Growth Corridor

HTL Property in conjunction with JLL Hotels & Hospitality Group are delighted to announce the successful sale of the Australian Hotel, McGrath’s Hill, a substantial hospitality asset strategically located within Sydney’s rapidly expanding North-West growth corridor.

Occupying a commanding 5,993sqm* landholding across two titles, the hotel features multiple large car parks, a drive-through liquor barn, expansive outdoor areas, and a high-quality gaming offering with 30 gaming machine entitlements and late-trading privileges until 2am. Weekly revenues exceed $175,000 across food, beverage, gaming, and bottle shop operations, with all departments showing strong growth.

The vendor, Warren Livingstone, acquired the expansive freehold in 2022 and has since overseen a complete repositioning and refurbishment of the venue. The modernisation program was completed in 2023 and has left the property in turnkey condition with no immediate capital expenditure required.

“Warren has done outstanding job repositioning the venue during his tenure and the value accretion he has now crystallised is testament to his foresight and operational expertise” commented JLL Senior Vice President, Kate MacDonald.

Prominently situated on the arterial Windsor Road, the hotel benefits directly from the government-backed North-West Priority Growth Area, which is forecast to deliver over 33,000 new homes and nearly 100,000 new residents in the coming years.

“The Australian Hotel has been recalibrated into a high-performing suburban hospitality asset, with all the fundamentals astute operators look for, and its sale underlines the continued appetite for quality large-format pubs in Sydney’s growth corridors,” commented HTL Property National Director, Dan Dragicevich.

“There has been a noticeable increase in buyer engagement and transactional activity, resulting in clear yield compression in recent months and we expect a busy period to finish the year,” added Dragicevich

*Approx

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