The Station Hotel & Motel, Kurri Kurri is looking for a new owner

Specialty national brokerage firm HTL Property is delighted to offer to market the Freehold Going Concern Interest in The Station Hotel and Motel, Kurri Kurri. HTL Property Director Xavier Plunkett and Associate Agent Ben Kennedy have been engaged to manage the sale.

Sitting upon an expansive 2,272sqm* site with 16 on-grade parking spots and exceptional future divestment opportunity being situated over two separate titles, represents an extraordinary prospect for an incoming purchaser to relish the strong fundamentals the property has to offer. The Hotel features a public bar, bistro, commercial kitchen, beer garden, 11 pub style accommodation rooms and large function space. The adjoining Motel, situated on a separate title features 17 well-appointed ensuited motel room, 16 exclusive car spaces and a manager’s residence.

Kurri Kurri is well positioned, being located within close proximity to the Hunter Valleys wine and tourism region which experiences an influx of visitors averaging over 1.4 million overnight stays annually.

“Set to greatly benefit from the proposed $600m federally funded gas-fired power station and being 1 of only 3 pubs in Kurri Kurri provides enormous scope for an incoming purchaser to relish in the fundamentals the Hotel and Motel has to offer” HTL’s Director Xavier Plunkett explained.

“We expect strong interest from both new entrants as well as established syndicates, due to highly favourable economic and tourism drivers presented by the asset” added HTL Property Agent Ben Kennedy.

Kurri Kurri is situated in close proximity to the Hunter Valley’s mining and agricultural precincts, being located less than 1 hours drive to Muswellbrook, Mount Thorley, Ravensworth, Fourmile Creek and Mt Pleasant. Due to Kurri Kurri’s location, the town experiences large volumes of blue-collar contract workers and residents; all of whom regularly require both short and long-term accommodation. Blue-collar workers historically provide exceptional demand for quality food, beverage, accommodation and entertainment venues.

The Station Hotel and Motel, Kurri Kurri is offered for sale via an Expression of Interest sale process concluding 3pm Thursday 21^st September 2023 (unless sold prior).

End.

*Approx.